Hello Nilesh
"...ICE LIBOR (formerly known as BBA LIBOR) is a benchmark rate produced for five currencies with seven maturities quoted for each - ranging from overnight to 12 months, producing 35 rates each business day..."
You need to cut and paste this link into your browser (as links do now work on this forum)
https://www.theice.com/publicdocs/IBA_LIBOR_FAQ.pdf
The above is a very comprehensive guide on the subject, in simple terms.
cheers
phill
"...in the kingdom of the blind: what you see is what you get..."
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