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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With I
  5. Interbank Sterling

Interbank Sterling

Definition of 'Interbank Sterling'

The money market in which banks borrow and lend sterling among themselves.

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Related Terms

CHIPSDollar RateCall RateClearing House Interbank Payment SystemInterbank BrokersWholesale Financial MarketsBack to Back LoansBank of England IndexBlack WednesdayBulldog BondsClearing House Automated Payment SystemConvertible CurrencyCross RateShort SterlingShort-Term Interest Rate FutureSpecial Drawing RightTransactional ExposureTranslation Exposure

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