U.S. Dollar ICE Bank Yield Index Update

The U.S. Dollar ICE Bank Yield Index, as described in detail in the original white paper and the subsequent updates1 , is designed to measure the average yields at which investors are willing to invest U.S. dollar funds over one-month, three-month and six-month periods on a wholesale, senior, unsecured basis in large, internationally active banks. The rates generated by the Index methodology implicitly incorporate several distinct elements, including:
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