TED spread - Wikipedia, the free encyclopedia

Posted on 12/16/2008
The TED spread is the difference between the interest rates on interbank loans and short-term U.S. government debt ("T-bills"). Initially, the TED spread was the difference between the interest rates for three-month U.S. Treasuries contracts and the three-month Eurodollars contract as represented by the London Interbank Offered Rate (LIBOR). However, since the Chicago Mercantile Exchange dropped T-bill futures, the TED spread is now calculated as the difference between the three-month T-bill interest rate and three-month LIBOR. TED is an acronym formed from T-Bill and ED, the ticker symbol for the Eurodollar futures contract. The size of the spread is usually denominated in basis points (bps). For example, if the T-bill rate is 5.10% and ED trades at 5.50%, the TED spread is 40 bps. The TED spread fluctuates over time, but historically has often remained within the range of 10 and 50 bps (0.1% and 0.5%), until 2007. A rising TED spread often presages a downturn in the U.S. stock mark (Additional Details)

financial | banking | reference | economics | finance

Prosper: The online marketplace for people-to-people lending - Prosper

Posted on 01/07/2007
The online marketplace for people-to-people lending (Additional Details)

accounts | business | tools | vc | services | reference | banking

Website Screenshots by Custom Shots