Whats the difference between the BBA LIBOR and the Fannie Mae LIBOR?
A. Each Fannie Mae LIBOR index (there are 5 of them: 1-month, 3-month, 6-month, 1-year, 12-month avg. of 1-month LIBOR) has only monthly values. The index is determined from information that is available on the second to last business day of each month. The 15 BBA LIBOR rates (provided in ten currencies) are compiled by the BBA daily and released to the market shortly after 11.00am London time each day.