LIBOR is fixed daily for the following ten currencies: the British
pound (GBP), Canadian dollar (CAD), Danish krone (DKK), euro
(EUR), U.S. dollar (USD), Australian dollar (AUD), Japanese yen (JPY),
New Zealand dollar (NZD), Swedish krona (SKR) and Swiss franc
(CHF). There are 15 maturities for which LIBOR is set each day, from
an overnight rate all the way up to 12 months. Thus, a total of 150 rates
are set each day.1 These rates are used as reference for about $360 trillion
dollars of financial contracts around the world.