When a company asks an european bank for a financing deal (e.g. to construct a Floater, an Interest Rate Option, etc.):

  • Which interest reference rate do european banks use mostly nowadays to finance corporations, LIBOR or EURIBOR?
  • Why ist the one preferred over the other?
  • In which circumstances or under which conditions does a bank apply the EURIBOR istead of the LIBOR, et vice-versa?
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