How does Libor work?

Related questions

1. What is standing lending facility?
2. What is the ECB interest rate?
3. What does it mean to refinance debt?
4. What is a deposit facility?
5. What is an ECB?
6. What is ECB liability to equity ratio?
7. What is an oath violation?
8. What is Libor interest rate?
9. What is Tltro ECB?
10. What will replace Libor?

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