{"id":6586,"date":"2013-12-13T12:43:54","date_gmt":"2013-12-13T12:43:54","guid":{"rendered":"http:\/\/geoeconomics.ge\/?p=6586"},"modified":"2013-12-13T12:43:54","modified_gmt":"2013-12-13T12:43:54","slug":"%e1%83%a0%e1%83%9d%e1%83%92%e1%83%9d%e1%83%a0-%e1%83%90%e1%83%a2%e1%83%a7%e1%83%a3%e1%83%94%e1%83%91%e1%83%93%e1%83%9c%e1%83%94%e1%83%9c-%e1%83%91%e1%83%90%e1%83%9c%e1%83%99%e1%83%94%e1%83%91%e1%83%98","status":"publish","type":"post","link":"https:\/\/geoeconomics.ge\/?p=6586","title":{"rendered":"\u10e0\u10dd\u10d2\u10dd\u10e0 \u10d0\u10e2\u10e7\u10e3\u10d4\u10d1\u10d3\u10dc\u10d4\u10dc \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8 \u10d9\u10da\u10d8\u10d4\u10dc\u10e2\u10d4\u10d1\u10e1"},"content":{"rendered":"<p><strong>\u10db\u10dd\u10d0\u10db\u10d6\u10d0\u10d3\u10d0 \u10db\u10d0\u10d9\u10d0 \u10e6\u10d0\u10dc\u10d8\u10d0\u10e8\u10d5\u10d8\u10da\u10db\u10d0<\/strong><\/p>\n<p>LIBOR-\u10d8\u10e1 (London Interbank Offered Rate) \u10d2\u10d0\u10e0\u10e8\u10d4\u10db\u10dd \u10db\u10d8\u10d7\u10e5\u10db\u10d0-\u10db\u10dd\u10d7\u10e5\u10db\u10d0 \u10d0\u10e0 \u10ec\u10e7\u10d3\u10d4\u10d1\u10d0. LIBOR &#8211; \u10d0\u10dc\u10e3 \u10d1\u10d0\u10dc\u10d9\u10d7\u10d0\u10e8\u10dd\u10e0\u10d8\u10e1\u10d8 \u10d9\u10e0\u10d4\u10d3\u10d8\u10e2\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d0\u10e8\u10e3\u10d0\u10da\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8, \u10d3\u10e6\u10d4\u10db\u10d3\u10d4 \u10db\u10d7\u10d4\u10da \u10db\u10e1\u10dd\u10e4\u10da\u10d8\u10dd\u10e8\u10d8 \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8\u10e1 \u10d3\u10d0\u10d3\u10d2\u10d4\u10dc\u10d8\u10e1 \u10dd\u10e0\u10d8\u10d4\u10dc\u10e2\u10d8\u10e0\u10d8 &#8211; \u10d2\u10d0\u10dc\u10d8\u10e1\u10d0\u10d6\u10e6\u10d5\u10e0\u10d4\u10d1\u10d0 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10e3\u10da\u10d8 \u10e1\u10d0\u10d1\u10d0\u10dc\u10d9\u10dd \u10d0\u10e1\u10dd\u10ea\u10d8\u10d0\u10ea\u10d8\u10d8\u10e1 \u10db\u10d8\u10d4\u10e0, \u10e1\u10d0\u10d0\u10d2\u10d4\u10dc\u10e2\u10dd Thomson Reuters-\u10d8\u10e1 \u10e1\u10d0\u10e8\u10e3\u10d0\u10da\u10d4\u10d1\u10d8\u10d7 \u10e9\u10d0\u10e2\u10d0\u10e0\u10d4\u10d1\u10e3\u10da\u10d8 \u10d2\u10d0\u10db\u10dd\u10d9\u10d8\u10d7\u10ee\u10d5\u10d8\u10e1 \u10e1\u10d0\u10e4\u10e3\u10eb\u10d5\u10d4\u10da\u10d6\u10d4, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea 20 \u10e3\u10db\u10e1\u10ee\u10d5\u10d8\u10da\u10d4\u10e1\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10e1\u10d4\u10e1\u10ee\u10d8\u10e1 \u10e4\u10d0\u10e1\u10e1 \u10db\u10dd\u10d8\u10ea\u10d0\u10d5\u10e1. \u10da\u10dd\u10dc\u10d3\u10dd\u10dc\u10d8\u10e1 \u10d3\u10e0\u10dd\u10d8\u10d7 11 \u10e1\u10d0\u10d0\u10d7\u10d8\u10e1\u10d7\u10d5\u10d8\u10e1 LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d8\u10d0\u10e8\u10d8 \u10e9\u10d0\u10e0\u10d7\u10e3\u10da\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10d3\u10d0\u10dc \u10d7\u10d0\u10d5\u10e1 \u10d8\u10e7\u10e0\u10d8\u10e1 \u10d8\u10dc\u10e4\u10dd\u10e0\u10db\u10d0\u10ea\u10d8\u10d0. \u10e8\u10d4\u10db\u10d3\u10d4\u10d2 \u10ee\u10d3\u10d4\u10d1\u10d0 \u10e8\u10d4\u10db\u10dd\u10e1\u10e3\u10da\u10d8 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8\u10e1 \u10e0\u10d0\u10dc\u10df\u10d8\u10e0\u10d4\u10d1\u10d0. \u10e8\u10dd\u10e0\u10d3\u10d4\u10d1\u10d0 4 \u10d6\u10d4\u10d3\u10d0 \u10d3\u10d0 4 \u10e5\u10d5\u10d4\u10d3\u10d0 \u10db\u10dc\u10d8\u10e8\u10d5\u10dc\u10d4\u10da\u10d8, \u10d3\u10d0\u10e0\u10e9\u10d4\u10dc\u10d8\u10da\u10d8 8-\u10d3\u10d0\u10dc \u10d9\u10d8 \u10e1\u10d0\u10e8\u10e3\u10d0\u10da\u10dd \u10d2\u10d0\u10db\u10dd\u10d8\u10d7\u10d5\u10da\u10d4\u10d1\u10d0, \u10e0\u10d0\u10ea \u10d8\u10db \u10d3\u10e6\u10d8\u10e1\u10d7\u10d5\u10d8\u10e1 LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10ee\u10d3\u10d4\u10d1\u10d0. \u10e0\u10d0\u10ea \u10e3\u10e4\u10e0\u10dd \u10db\u10d0\u10e6\u10d0\u10da\u10d8\u10d0 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8, \u10e0\u10d8\u10d7\u10d0\u10ea \u10d1\u10d0\u10dc\u10d9\u10d8 \u10e4\u10e3\u10da\u10d0\u10d3 \u10e1\u10d0\u10ee\u10e1\u10e0\u10d4\u10d1\u10e1 \u10d8\u10d6\u10d8\u10d3\u10d0\u10d5\u10e1, \u10d1\u10d0\u10d6\u10d0\u10e0\u10d8 \u10e3\u10e4\u10e0\u10dd \u10d3\u10d8\u10d3\u10d0\u10d3 \u10d0\u10e4\u10d0\u10e1\u10d4\u10d1\u10e1 \u10db\u10d8\u10e1 \u10e0\u10d8\u10e1\u10d9\u10d4\u10d1\u10e1.<!--more--><\/p>\n<p>\u10d3\u10d8\u10d3\u10d8 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1\u10d0 \u10d3\u10d0 \u10d0\u10e8\u10e8-\u10d8\u10e1 \u10ee\u10d4\u10da\u10d8\u10e1\u10e3\u10e4\u10da\u10d4\u10d1\u10d0\u10db \u10d4\u10ed\u10d5\u10d8 \u10db\u10d8\u10d8\u10e2\u10d0\u10dc\u10d0 \u10e0\u10d0\u10db\u10d3\u10d4\u10dc\u10d8\u10db\u10d4 \u10d1\u10d0\u10dc\u10d9\u10d6\u10d4, \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8\u10e1 \u10e8\u10d4\u10d2\u10dc\u10d4\u10d1\u10e3\u10da\u10d0\u10d3 \u10e8\u10d4\u10db\u10ea\u10d8\u10e0\u10d4\u10d1\u10d0\u10e8\u10d8. \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10db\u10d0 \u10da\u10dd\u10dc\u10d3\u10dd\u10dc\u10d8\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d7\u10d0\u10e8\u10dd\u10e0\u10d8\u10e1\u10d8 \u10e8\u10d4\u10d7\u10d0\u10d5\u10d0\u10d6\u10d4\u10d1\u10d8\u10e1 \u10d8\u10dc\u10d3\u10d4\u10e5\u10e1\u10e8\u10d8 \u10e8\u10d4\u10d2\u10dc\u10d4\u10d1\u10e3\u10da\u10d0\u10d3 \u10d3\u10d0\u10e1\u10ec\u10d8\u10d4\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d7\u10d0\u10e8\u10dd\u10e0\u10d8\u10e1\u10d8 \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8\u10e1 \u10db\u10d0\u10e9\u10d5\u10d4\u10dc\u10d4\u10d1\u10da\u10d4\u10d1\u10d8, \u10e0\u10d8\u10d7\u10d0\u10ea \u10d8\u10dc\u10d5\u10d4\u10e1\u10e2\u10dd\u10e0\u10d4\u10d1\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1 \u10e1\u10e2\u10d0\u10d1\u10d8\u10da\u10e3\u10e0\u10dd\u10d1\u10d8\u10e1 \u10d8\u10da\u10e3\u10d6\u10d8\u10d0 \u10e8\u10d4\u10e3\u10e5\u10db\u10dc\u10d4\u10e1. \u10d8\u10dc\u10ea\u10d8\u10dc\u10d3\u10d4\u10dc\u10e2\u10d8\u10e1 \u10e1\u10d0\u10d4\u10e0\u10d7\u10d0\u10e8\u10dd\u10e0\u10d8\u10e1\u10dd \u10d2\u10d0\u10db\u10dd\u10eb\u10d8\u10d4\u10d1\u10d0 \u10e0\u10d0\u10db\u10d3\u10d4\u10dc\u10d8\u10db\u10d4 \u10ec\u10da\u10d8\u10e1 \u10ec\u10d8\u10dc \u10d3\u10d0\u10d8\u10ec\u10e7\u10dd. \u10d3\u10e6\u10d8\u10e1 \u10ec\u10d4\u10e1\u10e0\u10d8\u10d2\u10e8\u10d8 \u10d3\u10d0\u10d3\u10d2\u10d0 LIBOR-\u10d8\u10e1 \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d0\u10d9\u10d8\u10d7\u10ee\u10d8, \u10e0\u10dd\u10db\u10da\u10d8\u10e1 \u10e8\u10d4\u10db\u10d3\u10d4\u10d2\u10d0\u10ea \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d2\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10d0 \u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10d0\u10d3\u10d8 \u10db\u10dd\u10e5\u10db\u10d4\u10d3\u10d4\u10d1\u10d0 \u10e3\u10dc\u10d3\u10d0 \u10d2\u10d0\u10ee\u10d3\u10d4\u10e1, \u10ee\u10dd\u10da\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10db\u10d0\u10dc\u10d8\u10de\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10d8\u10e1 \u10d2\u10d0\u10db\u10dd \u10e1\u10d8\u10e1\u10ee\u10da\u10d8\u10e1 \u10e1\u10d0\u10db\u10d0\u10e0\u10d7\u10da\u10d8\u10e1 \u10e1\u10d0\u10dc\u10e5\u10ea\u10d8\u10d4\u10d1\u10d8 \u10e3\u10dc\u10d3\u10d0 \u10db\u10dd\u10e5\u10db\u10d4\u10d3\u10d4\u10d1\u10d3\u10d4\u10e1. \u10d2\u10d0\u10e0\u10d3\u10d0 \u10d0\u10db\u10d8\u10e1\u10d0, \u10e1\u10de\u10d4\u10ea\u10d8\u10d0\u10da\u10d8\u10e1\u10e2\u10d7\u10d0 \u10e0\u10d4\u10d9\u10dd\u10db\u10d4\u10dc\u10d3\u10d0\u10ea\u10d8\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7, LIBOR \u10e3\u10dc\u10d3\u10d0 \u10d8\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10dd\u10d3\u10d4\u10e1 \u10d0\u10e0\u10d0 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1 \u10db\u10dd\u10da\u10dd\u10d3\u10d8\u10dc\u10d8\u10e1, \u10d0\u10e0\u10d0\u10db\u10d4\u10d3 \u10e0\u10d4\u10d0\u10da\u10e3\u10e0\u10d8 \u10d2\u10d0\u10e0\u10d8\u10d2\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d0\u10e4\u10e3\u10eb\u10d5\u10d4\u10da\u10d6\u10d4. \u10d9\u10dd\u10dc\u10e2\u10e0\u10d0\u10e5\u10e2\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d0\u10d4\u10e0\u10d7\u10dd \u10e6\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d4\u10d1\u10d0, \u10e1\u10d0\u10d3\u10d0\u10ea LIBOR-\u10d8\u10d0 \u10dd\u10e0\u10d8\u10d4\u10dc\u10e2\u10d8\u10e0\u10d0\u10d3 \u10d2\u10d0\u10db\u10dd\u10e7\u10d4\u10dc\u10d4\u10d1\u10e3\u10da\u10d8, \u10e8\u10d4\u10e4\u10d0\u10e1\u10d4\u10d1\u10e3\u10da\u10d8\u10d0 500 \u10e2\u10e0\u10d8\u10da\u10d8\u10dd\u10dc \u10d3\u10dd\u10da\u10d0\u10e0\u10d0\u10d3, \u10e1\u10d0\u10d8\u10d3\u10d0\u10dc\u10d0\u10ea 10 \u10e2\u10e0\u10d8\u10da\u10d8\u10dd\u10dc\u10d8 \u10d9\u10e0\u10d4\u10d3\u10d8\u10e2\u10d8\u10d0. \u10e1\u10ec\u10dd\u10e0\u10d4\u10d3 \u10d0\u10db\u10d8\u10e2\u10dd\u10db, \u10e0\u10dd\u10d2\u10dd\u10e0\u10ea \u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10d8\u10e1\u10e2\u10d4\u10d1\u10d8 \u10d0\u10ea\u10ee\u10d0\u10d3\u10d4\u10d1\u10d4\u10dc, LIBOR-\u10d8\u10e1 \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d0 \u10eb\u10d5\u10d4\u10da\u10d8 \u10e1\u10d8\u10e1\u10e2\u10d4\u10db\u10d8\u10d3\u10d0\u10dc \u10d0\u10ee\u10d0\u10da\u10d6\u10d4 \u10e8\u10d4\u10e3\u10e4\u10d4\u10e0\u10ee\u10d4\u10d1\u10da\u10d0\u10d3 \u10d3\u10d0 \u10e3\u10db\u10e2\u10d9\u10d8\u10d5\u10dc\u10d4\u10e3\u10da\u10dd\u10d3 \u10e3\u10dc\u10d3\u10d0 \u10db\u10dd\u10ee\u10d3\u10d4\u10e1. \u10db\u10d0\u10d7 \u10db\u10d8\u10d0\u10e9\u10dc\u10d8\u10d0\u10d7, \u10e0\u10dd\u10db \u10e0\u10d8\u10e1\u10d9\u10d4\u10d1\u10d8 \u10e1\u10ec\u10dd\u10e0\u10d0\u10d3 \u10e3\u10dc\u10d3\u10d0 \u10e8\u10d4\u10e4\u10d0\u10e1\u10d3\u10d4\u10e1 \u10d3\u10d0 \u10e8\u10d4\u10d8\u10e5\u10db\u10dc\u10d0\u10e1 \u10d2\u10d0\u10d3\u10d0\u10e1\u10d5\u10da\u10d8\u10e1 \u10d0\u10d3\u10d4\u10e5\u10d5\u10d0\u10e2\u10e3\u10e0\u10d8 \u10db\u10d4\u10e5\u10d0\u10dc\u10d8\u10d6\u10db\u10d8, \u10ec\u10d8\u10dc\u10d0\u10d0\u10e6\u10db\u10d3\u10d4\u10d2 \u10e8\u10d4\u10db\u10d7\u10ee\u10d5\u10d4\u10d5\u10d0\u10e8\u10d8, \u10e8\u10d4\u10d3\u10d4\u10d2\u10d4\u10d1\u10d8, \u10e8\u10d4\u10e1\u10d0\u10eb\u10da\u10dd\u10d0, \u10d9\u10d0\u10e2\u10d0\u10e1\u10e2\u10e0\u10dd\u10e4\u10e3\u10da\u10d8 \u10d0\u10e6\u10db\u10dd\u10e9\u10dc\u10d3\u10d4\u10e1.<\/p>\n<p>\u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10e3\u10da\u10d8 \u10e0\u10d4\u10d2\u10e3\u10da\u10d0\u10e2\u10dd\u10e0\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10da\u10d4\u10d1\u10db\u10d0 \u10e1\u10ee\u10d5\u10d0 \u10d0\u10da\u10e2\u10d4\u10e0\u10dc\u10d0\u10e2\u10d8\u10e3\u10da \u10d5\u10d0\u10e0\u10d8\u10d0\u10dc\u10e2\u10d4\u10d1\u10d7\u10d0\u10dc \u10d4\u10e0\u10d7\u10d0\u10d3, \u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10d8\u10e1 \u10db\u10d0\u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d4\u10da \u10e1\u10d0\u10e4\u10e3\u10eb\u10d5\u10da\u10d0\u10d3 \u10ec\u10d0\u10e0\u10db\u10dd\u10d0\u10d3\u10d2\u10d8\u10dc\u10d4\u10e1 \u10e1\u10d5\u10dd\u10de\u10d8 \u10dd\u10d5\u10d4\u10e0\u10dc\u10d0\u10d8\u10d7\u10d8\u10e1 \u10d8\u10dc\u10d3\u10d4\u10e5\u10e1\u10d6\u10d4 (OIS). \u10e1\u10de\u10e0\u10d4\u10d3\u10d8  LIBOR-OIS \u10e1\u10d0\u10d9\u10e0\u10d4\u10d3\u10d8\u10e2\u10dd \u10d1\u10d0\u10d6\u10e0\u10d8\u10e1 \u10eb\u10d0\u10da\u10d8\u10d0\u10dc \u10db\u10dc\u10d8\u10e8\u10d5\u10dc\u10d4\u10da\u10dd\u10d5\u10d0\u10dc \u10d8\u10dc\u10d3\u10d8\u10d9\u10d0\u10e2\u10dd\u10e0\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10d0\u10d3\u10d2\u10d4\u10dc\u10e1 \u10d3\u10d0 \u10d0\u10e9\u10d5\u10d4\u10dc\u10d4\u10d1\u10e1 \u10e1\u10d0\u10d9\u10e0\u10d4\u10d3\u10d8\u10e2\u10dd \u10e0\u10d8\u10e1\u10d9\u10d6\u10d4 \u10de\u10e0\u10d4\u10db\u10d8\u10d0\u10e1. \u10d0\u10e1\u10d4\u10d5\u10d4, \u10d8\u10d2\u10d8 \u10e4\u10e3\u10da\u10d0\u10d3 \u10d1\u10d0\u10d6\u10d0\u10e0\u10d6\u10d4 \u10e1\u10d8\u10e2\u10e3\u10d0\u10ea\u10d8\u10d8\u10e1 \u10d3\u10d4\u10db\u10dd\u10dc\u10e1\u10e2\u10e0\u10d8\u10e0\u10d4\u10d1\u10d0\u10e1 \u10d0\u10ee\u10d3\u10d4\u10dc\u10e1, \u10e0\u10d0\u10ea \u10e3\u10e4\u10e0\u10dd \u10db\u10dd\u10ea\u10e3\u10da\u10dd\u10d1\u10d8\u10d7\u10d8\u10d0 \u10d8\u10d2\u10d8, \u10db\u10d8\u10d7 \u10e3\u10e4\u10e0\u10dd \u10ea\u10e3\u10d3\u10d0\u10d3 \u10d0\u10e4\u10d0\u10e1\u10d4\u10d1\u10d4\u10dc \u10db\u10d0\u10e1 \u10d8\u10dc\u10d5\u10d4\u10e1\u10e2\u10dd\u10e0\u10d4\u10d1\u10d8.<\/p>\n<p>\u10d0\u10e1\u10d4\u10d5\u10d4 \u10d2\u10d0\u10dc\u10d8\u10ee\u10d8\u10da\u10d4\u10d1\u10d0 \u10d5\u10d0\u10e0\u10d8\u10d0\u10dc\u10e2\u10d8, \u10e0\u10dd\u10db\u10da\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7\u10d0\u10ea \u10d2\u10d0\u10db\u10dd\u10d8\u10e7\u10d4\u10dc\u10d4\u10d1\u10d0 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8 \u10db\u10dd\u10d9\u10da\u10d4\u10d5\u10d0\u10d3\u10d8\u10d0\u10dc\u10d8 \u10d3\u10d0\u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10d4\u10d1\u10d8\u10e1\u10d7\u10d5\u10d8\u10e1 \u10e3\u10d6\u10e0\u10e3\u10dc\u10d5\u10d4\u10da\u10e7\u10dd\u10e4\u10d8\u10e1 \u10e5\u10d5\u10d4\u10e8, \u10d0\u10dc\u10e3 REPO-\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8. Bloomberg LP-\u10d8\u10e1 \u10db\u10d4\u10d7\u10d0\u10e3\u10e0\u10d8, \u10d3\u10d4\u10dc \u10d3\u10dd\u10e5\u10e2\u10dd\u10e0\u10dd\u10e4\u10d8 \u10e4\u10d8\u10e5\u10e0\u10dd\u10d1\u10e1, \u10e0\u10dd\u10db \u10d9\u10d0\u10e0\u10d2\u10d8 \u10d8\u10e5\u10dc\u10d4\u10d1\u10dd\u10d3\u10d0 \u10d0\u10ee\u10d0\u10da\u10d8 \u10dd\u10e0\u10d8\u10d4\u10dc\u10e2\u10d8\u10e0\u10d8 \u10e8\u10d4\u10e5\u10db\u10dc\u10d8\u10da\u10d8\u10e7\u10dd \u2013 Bloomberg Interbank Offered \u10e6\u10d0\u10e2\u10d4 \u10d0\u10dc LIBO\u10e6. \u10db\u10d8\u10e1 \u10d2\u10d0\u10db\u10dd\u10e1\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10da\u10d0\u10d3 \u10d2\u10d0\u10db\u10dd\u10e7\u10d4\u10dc\u10d4\u10d1\u10e3\u10da\u10d8 \u10d8\u10e5\u10dc\u10d4\u10d1\u10d0 \u10e1\u10ee\u10d5\u10d0\u10d3\u10d0\u10e1\u10ee\u10d5\u10d0 \u10e1\u10d0\u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10dd \u10e2\u10e0\u10d0\u10dc\u10d6\u10d0\u10e5\u10ea\u10d8\u10d4\u10d1\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1 \u10d8\u10dc\u10e4\u10dd\u10e0\u10db\u10d0\u10ea\u10d8\u10d4\u10d1\u10d8.<\/p>\n<p>LIBOR-\u10d8\u10e1 \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d8\u10e1 \u10d4\u10e0\u10d7\u10d8 \u10e7\u10d5\u10d4\u10da\u10d0\u10d6\u10d4 \u10e1\u10d0\u10d5\u10d0\u10e0\u10d0\u10e3\u10d3\u10dd \u10d5\u10d0\u10e0\u10d8\u10d0\u10dc\u10e2\u10d8 \u10d8\u10e1 \u10d0\u10e0\u10d8\u10e1, \u10e0\u10dd\u10db \u10db\u10d8\u10e1\u10d8 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d2\u10d0\u10dc\u10e1\u10d0\u10d6\u10e6\u10d5\u10e0\u10d0 \u10db\u10dd\u10ee\u10d3\u10d4\u10d1\u10d0 \u10d9\u10d4\u10e0\u10eb\u10dd \u10d9\u10dd\u10db\u10de\u10d0\u10dc\u10d8\u10d8\u10e1 \u10db\u10d8\u10d4\u10e0, \u10db\u10d0\u10d2\u10e0\u10d0\u10db \u10db\u10d9\u10d0\u10ea\u10e0\u10d8 \u10e1\u10d0\u10ee\u10d4\u10da\u10db\u10ec\u10d8\u10e4\u10dd \u10d9\u10dd\u10dc\u10e2\u10e0\u10dd\u10da\u10d8\u10e1 \u10e5\u10d5\u10d4\u10e8. \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1 \u10e1\u10d0\u10d1\u10d0\u10dc\u10d9\u10dd \u10d0\u10e1\u10dd\u10ea\u10d8\u10d0\u10ea\u10d8\u10d0\u10db (BBA) \u10d2\u10d0\u10db\u10dd\u10d7\u10e5\u10d5\u10d0 \u10e8\u10d4\u10e8\u10e4\u10dd\u10d7\u10d4\u10d1\u10d0, \u10e0\u10dd\u10db \u10e8\u10d4\u10e5\u10db\u10dc\u10d8\u10da \u10e1\u10d8\u10e2\u10e3\u10d0\u10ea\u10d8\u10d0\u10e8\u10d8 \u10e0\u10d7\u10e3\u10da\u10d8 \u10d8\u10e5\u10dc\u10d4\u10d1\u10d0 \u10d9\u10dd\u10db\u10de\u10d0\u10dc\u10d8\u10d8\u10e1 \u10db\u10dd\u10eb\u10d4\u10d1\u10dc\u10d0, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea \u10d0\u10e1\u10d4\u10d7\u10d8 \u10d1\u10d8\u10d6\u10dc\u10d4\u10e1\u10d8\u10e1 \u10e7\u10d8\u10d3\u10d5\u10d0\u10e1 \u10db\u10dd\u10d8\u10dc\u10d3\u10dd\u10db\u10d4\u10d1\u10e1. \u10d7\u10e3 \u10d5\u10d8\u10dc \u10d2\u10d0\u10dc\u10d0\u10ee\u10dd\u10e0\u10ea\u10d8\u10d4\u10da\u10d4\u10d1\u10e1 \u10e1\u10d0\u10ee\u10d4\u10da\u10db\u10ec\u10d8\u10e4\u10dd \u10d9\u10dd\u10dc\u10e2\u10e0\u10dd\u10da\u10e1, \u10d0\u10db\u10d0\u10e1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7 \u10d4\u10e0\u10d7\u10d8\u10d0\u10dc\u10d8 \u10ee\u10d4\u10d3\u10d5\u10d0\u10ea \u10d0\u10e0 \u10d0\u10e0\u10e1\u10d4\u10d1\u10dd\u10d1\u10e1.<\/p>\n<p>LIBOR-\u10d8\u10e1 \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d8\u10e1 \u10e4\u10d0\u10e0\u10d2\u10da\u10d4\u10d1\u10e8\u10d8 \u10dd\u10e0\u10d8 \u10e3\u10db\u10d7\u10d0\u10d5\u10e0\u10d4\u10e1\u10d8 \u10d0\u10db\u10dd\u10ea\u10d0\u10dc\u10d0 \u10d8\u10e1\u10db\u10d4\u10d1\u10d0. \u10de\u10d8\u10e0\u10d5\u10d4\u10da\u10d8, \u10d8\u10dc\u10e4\u10da\u10d0\u10ea\u10d8\u10e3\u10e0\u10d8 \u10e8\u10dd\u10d9\u10d8\u10e1 \u10d7\u10d0\u10d5\u10d8\u10d3\u10d0\u10dc \u10d0\u10e1\u10d0\u10ea\u10d8\u10da\u10d4\u10d1\u10da\u10d0\u10d3 \u10e1\u10d0\u10ed\u10d8\u10e0\u10dd\u10d0 \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d5\u10dd\u10da\u10d0\u10e2\u10e3\u10e0\u10dd\u10d1\u10d8\u10e1 \u10e8\u10d4\u10d6\u10e6\u10e3\u10d3\u10d5\u10d0 \u10e4\u10e3\u10da\u10d0\u10d3\u10d8 \u10d1\u10d0\u10d6\u10d8\u10e1 \u10db\u10dc\u10d8\u10e8\u10d5\u10dc\u10d4\u10da\u10dd\u10d5\u10d0\u10dc\u10d8 \u10d3\u10d0\u10d2\u10e0\u10dd\u10d5\u10d4\u10d1\u10d8\u10e1 \u10de\u10d8\u10e0\u10dd\u10d1\u10d4\u10d1\u10e8\u10d8. \u10d4\u10e5\u10e1\u10de\u10d4\u10e0\u10e2\u10d4\u10d1\u10e1 \u10db\u10d8\u10d0\u10e9\u10dc\u10d8\u10d0\u10d7, \u10e0\u10dd\u10db LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d2\u10d0\u10dc\u10e1\u10d0\u10d6\u10e6\u10d5\u10e0\u10d8\u10e1 \u10e1\u10e2\u10e0\u10e3\u10e5\u10e2\u10e3\u10e0\u10d0 \u10e3\u10d0\u10ee\u10da\u10dd\u10d4\u10e1\u10d8 \u10d7\u10d5\u10d4\u10d4\u10d1\u10d8\u10e1 \u10db\u10d0\u10dc\u10eb\u10d8\u10da\u10d6\u10d4 \u10e8\u10d4\u10ea\u10d5\u10da\u10d8\u10da\u10d8 \u10d8\u10e5\u10dc\u10d4\u10d1\u10d0 \u10d1\u10d4\u10d5\u10e0\u10d0\u10d3 \u10e3\u10e4\u10e0\u10dd \u10d2\u10d0\u10db\u10ed\u10d5\u10d8\u10e0\u10d5\u10d0\u10da\u10d4 \u10e1\u10e2\u10e0\u10e3\u10e5\u10e2\u10e3\u10e0\u10d8\u10d7 \u10e1\u10d0\u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10dd \u10ee\u10d4\u10da\u10d8\u10e1\u10e3\u10e4\u10da\u10d4\u10d1\u10d8\u10e1\u10d7\u10d5\u10d8\u10e1, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea \u10d1\u10d4\u10d5\u10e0\u10d0\u10d3 \u10d0\u10d3\u10d5\u10d8\u10da\u10d0\u10d3 \u10d3\u10d0\u10d4\u10e5\u10d5\u10d4\u10db\u10d3\u10d4\u10d1\u10d0\u10e0\u10d4\u10d1\u10d0 \u10e1\u10ec\u10e0\u10d0\u10e4 \u10d9\u10dd\u10e0\u10d4\u10e5\u10e2\u10d8\u10e0\u10d4\u10d1\u10d0\u10e1 \u10d3\u10d0 \u10d4\u10e1 \u10d1\u10d4\u10d5\u10e0 \u10e0\u10d0\u10db\u10d4\u10e8\u10d8 \u10e2\u10d4\u10e5\u10dc\u10d8\u10d9\u10e3\u10e0\u10d8 \u10e1\u10d0\u10d9\u10d8\u10d7\u10ee\u10d8\u10d0. \u10db\u10d4\u10dd\u10e0\u10d4, \u10e1\u10d0\u10ee\u10d4\u10da\u10db\u10ec\u10d8\u10e4\u10dd \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10e1 \u10db\u10d0\u10d7\u10d7\u10d5\u10d8\u10e1 \u10e0\u10d7\u10e3\u10da \u10e1\u10d0\u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10dd \u10de\u10d4\u10e0\u10d8\u10dd\u10d3\u10e8\u10d8 \u10d4\u10ee\u10db\u10d0\u10e0\u10d4\u10d1\u10d0, \u10db\u10d0\u10d2\u10e0\u10d0\u10db \u10db\u10d0\u10d7\u10d2\u10d0\u10dc \u10e1\u10d0\u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10dd \u10e1\u10d8\u10e1\u10e2\u10d4\u10db\u10d8\u10e1 \u10db\u10d4\u10e2 \u10d2\u10d0\u10db\u10ed\u10d5\u10d8\u10e0\u10d5\u10d0\u10da\u10dd\u10d1\u10d0\u10e1 \u10d8\u10d7\u10ee\u10dd\u10d5\u10e1.<\/p>\n<p>\u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1 \u10e1\u10d0\u10d1\u10d0\u10dc\u10d9\u10dd \u10d0\u10e1\u10dd\u10ea\u10d8\u10d0\u10ea\u10d8\u10d0 (BBA) \u10db\u10d6\u10d0\u10d3 \u10d0\u10e0\u10d8\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d7\u10d0\u10e8\u10dd\u10e0\u10d8\u10e1 \u10d3\u10d0\u10d9\u10e0\u10d4\u10d3\u10d8\u10e2\u10d4\u10d1\u10d8\u10e1 \u10da\u10dd\u10dc\u10d3\u10dd\u10dc\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d3\u10d0\u10d3\u10d2\u10d4\u10dc\u10d8\u10e1 \u10d3\u10d4\u10da\u10d4\u10d2\u10d8\u10e0\u10d4\u10d1\u10d0 \u10e1\u10ee\u10d5\u10d0 \u10dd\u10e0\u10d2\u10d0\u10dc\u10dd\u10d6\u10d4 \u10db\u10dd\u10d0\u10ee\u10d3\u10d8\u10dc\u10dd\u10e1. \u10d4\u10e1 \u10e4\u10e3\u10dc\u10e5\u10ea\u10d8\u10d0, \u10e8\u10d4\u10e1\u10d0\u10eb\u10da\u10dd\u10d0, \u10d2\u10d0\u10d3\u10d0\u10d5\u10d8\u10d3\u10d4\u10e1 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10d4\u10da \u10dd\u10e0\u10d2\u10d0\u10dc\u10dd\u10e1 \u10ee\u10d4\u10da\u10e8\u10d8 \u10d8\u10db \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10d8\u10e1 \u10e8\u10d4\u10db\u10d3\u10d4\u10d2, \u10e0\u10dd\u10db\u10d4\u10da\u10e8\u10d8\u10ea \u10e9\u10d0\u10e0\u10d7\u10e3\u10da\u10d8 \u10d0\u10e6\u10db\u10dd\u10e9\u10dc\u10d3\u10d0 \u10db\u10e1\u10dd\u10e4\u10da\u10d8\u10dd\u10e1 \u10e3\u10db\u10e1\u10ee\u10d5\u10d8\u10da\u10d4\u10e1\u10d8 \u10d0\u10e0\u10d0 \u10d4\u10e0\u10d7\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8, \u10db\u10d0\u10d7 \u10e8\u10dd\u10e0\u10d8\u10e1, Barclays, RBS, Lloyds \u10d3\u10d0 HSBC. \u10d4\u10d5\u10e0\u10dd\u10d6\u10dd\u10dc\u10d8\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10e1 \u10e8\u10dd\u10e0\u10d8\u10e1 \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10e8\u10d8 \u10d8\u10e1\u10d4\u10d7\u10d8 \u10d2\u10d8\u10d2\u10d0\u10dc\u10e2\u10d4\u10d1\u10d8 \u10e4\u10d8\u10d2\u10e3\u10e0\u10d8\u10e0\u10d4\u10d1\u10d4\u10dc, \u10e0\u10dd\u10d2\u10dd\u10e0\u10d4\u10d1\u10d8\u10ea \u10d0\u10e0\u10d8\u10d0\u10dc Deutsche Bank \u10d3\u10d0 UBS. <\/p>\n<p>\u10d0\u10db\u10d8\u10e1 \u10d2\u10d0\u10db\u10dd \u10d8\u10d5\u10dc\u10d8\u10e1\u10e8\u10d8 2012 \u10ec\u10da\u10d8\u10e1 Barclays 290 (453,6 \u10db\u10d8\u10da\u10d8\u10dd\u10dc\u10d8 \u10d3\u10dd\u10da\u10d0\u10e0\u10d8) \u10db\u10d8\u10da\u10d8\u10dd\u10dc\u10d8 \u10e4\u10e3\u10dc\u10e2\u10d8 \u10e1\u10e2\u10d4\u10e0\u10da\u10d8\u10dc\u10d2\u10d8\u10d7 \u10d3\u10d0\u10ef\u10d0\u10e0\u10d8\u10db\u10d3\u10d0 \u10d3\u10d0 \u10d7\u10d0\u10dc\u10d0\u10db\u10d3\u10d4\u10d1\u10dd\u10d1\u10d4\u10d1\u10d8 \u10d3\u10d0\u10e2\u10dd\u10d5\u10d4\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10db\u10d7\u10d0\u10d5\u10d0\u10e0\u10db\u10d0 \u10d0\u10e6\u10db\u10d0\u10e1\u10e0\u10e3\u10da\u10d4\u10d1\u10d4\u10da\u10db\u10d0 \u10d3\u10d8\u10e0\u10d4\u10e5\u10e2\u10dd\u10e0\u10db\u10d0 \u10e0\u10dd\u10d1\u10d4\u10e0\u10e2 \u10d3\u10d0\u10d8\u10db\u10dd\u10dc\u10d3\u10db\u10d0 \u10d3\u10d0 \u10db\u10d7\u10d0\u10d5\u10d0\u10e0\u10db\u10d0 \u10e1\u10d0\u10dd\u10de\u10d4\u10e0\u10d0\u10ea\u10d8\u10dd \u10d3\u10d8\u10e0\u10d4\u10e5\u10e2\u10dd\u10e0\u10db\u10d0 \u10ef\u10d4\u10e0\u10d8 \u10d3\u10d4 \u10db\u10d4\u10e1\u10d8\u10d4\u10db.<\/p>\n<p><strong>\u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10d8\u10e1 \u10db\u10dc\u10d8\u10e8\u10d5\u10dc\u10d4\u10da\u10dd\u10d5\u10d0\u10dc\u10d8 \u10d7\u10d0\u10e0\u10d8\u10e6\u10d4\u10d1\u10d8<br \/>\n2005 \u10ec\u10d4\u10da\u10d8<\/strong><\/p>\n<p>\u10de\u10d8\u10e0\u10d5\u10d4\u10da\u10d0\u10d3, \u10d4\u10ed\u10d5\u10d8 \u10d8\u10db\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1, \u10e0\u10dd\u10db Barclays \u10d1\u10d0\u10dc\u10d9\u10d8 \u10db\u10d0\u10dc\u10d8\u10de\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10d3\u10d0 LIBOR-\u10d8\u10d7\u10d0 \u10d3\u10d0 Euribor-\u10d8\u10d7 (Libor-\u10d8\u10e1 \u10d4\u10d5\u10e0\u10dd\u10d6\u10dd\u10dc\u10d8\u10e1 \u10d4\u10e5\u10d5\u10d8\u10d5\u10d0\u10da\u10d4\u10dc\u10e2\u10d8), \u10db\u10d8\u10e1\u10d8 \u10d3\u10d4\u10e0\u10d8\u10d5\u10d0\u10e2\u10d8\u10d5\u10d4\u10d1\u10d8\u10d7 \u10db\u10dd\u10d5\u10d0\u10ed\u10e0\u10d4\u10d4\u10d1\u10d8\u10e1\u10d0 \u10d3\u10d0 \u10e1\u10ee\u10d5\u10d0 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1 \u10d7\u10ee\u10dd\u10d5\u10dc\u10d8\u10d7, 2005 \u10ec\u10d4\u10da\u10e1 \u10d2\u10d0\u10e9\u10dc\u10d3\u10d0. \u10db\u10d0\u10da\u10d4 \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10db\u10d0 \u10e1\u10d0\u10d4\u10e0\u10d7\u10d0\u10e8\u10dd\u10e0\u10d8\u10e1\u10dd \u10e1\u10d0\u10ee\u10d4 \u10db\u10d8\u10d8\u10e6\u10dd, \u10db\u10d0\u10e1\u10e8\u10d8 \u10e9\u10d0\u10e0\u10d7\u10e3\u10da\u10dc\u10d8 \u10d0\u10e6\u10db\u10dd\u10e9\u10dc\u10d3\u10dc\u10d4\u10dc Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10dc\u10d8\u10e3-\u10d8\u10dd\u10e0\u10d9\u10d8\u10e1 \u10d3\u10d0 \u10e2\u10dd\u10d9\u10d8\u10dd\u10e1 \u10dd\u10e4\u10d8\u10e1\u10d4\u10d1\u10d8, \u10d8\u10e1\u10d4\u10d5\u10d4 \u10e0\u10dd\u10d2\u10dd\u10e0\u10ea \u10e8\u10d8\u10d3\u10d0 \u10d5\u10d0\u10ed\u10e0\u10d4\u10d1\u10d8. FSA \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7, 2005 \u10ec\u10da\u10d8\u10e1 \u10d8\u10d0\u10dc\u10d5\u10e0\u10d8\u10d3\u10d0\u10dc 2009 \u10ec\u10da\u10d8\u10e1 \u10d8\u10d5\u10dc\u10d8\u10e1\u10d0\u10db\u10d3\u10d4 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10d3\u10d4\u10e0\u10d8\u10d5\u10d0\u10e2\u10d8\u10d5\u10d4\u10d1\u10d8\u10e1 \u10e2\u10e0\u10d4\u10d8\u10d3\u10d4\u10e0\u10d4\u10d1\u10db\u10d0 257 &#8221;\u10e8\u10d4\u10d9\u10d5\u10d4\u10d7\u10d0&#8221; \u10db\u10d8\u10d8\u10e6\u10d4\u10e1 Euribor-\u10d8\u10e1\u10d0 \u10d3\u10d0 Libor-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10ee\u10d4\u10da\u10dd\u10d5\u10dc\u10e3\u10e0\u10d8 \u10d2\u10d0\u10dc\u10e1\u10d0\u10d6\u10e6\u10d5\u10e0\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1.<\/p>\n<p><strong>2007 \u10ec\u10d4\u10da\u10d8<\/strong><\/p>\n<p>2007 \u10ec\u10d4\u10da\u10e1 \u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10e3\u10e0\u10d8 \u10d9\u10e0\u10d8\u10d6\u10d8\u10e1\u10d8\u10e1 \u10d2\u10d0\u10e0\u10d8\u10df\u10e0\u10d0\u10df\u10d6\u10d4 \u10d9\u10d8\u10d3\u10d4\u10d5 \u10e3\u10e4\u10e0\u10dd \u10d0\u10e5\u10e2\u10e3\u10d0\u10da\u10e3\u10e0\u10d8 \u10d2\u10d0\u10ee\u10d3\u10d0 LIBOR-\u10d8\u10e1 \u10d7\u10d4\u10db\u10d0. \u10da\u10d8\u10d9\u10d5\u10d8\u10d3\u10dd\u10d1\u10d8\u10e1 \u10de\u10e0\u10dd\u10d1\u10da\u10d4\u10db\u10d0 Barclays \u10d1\u10d0\u10dc\u10d9\u10e1\u10d0\u10ea \u10e8\u10d4\u10d4\u10e5\u10db\u10dc\u10d0, \u10d0\u10db\u10d8\u10e2\u10dd\u10db\u10d0\u10ea \u10d1\u10d0\u10d6\u10e0\u10d6\u10d4 \u10e4\u10e3\u10da\u10d0\u10d3\u10d8 \u10e1\u10d0\u10ee\u10e1\u10e0\u10d4\u10d1\u10d8\u10e1 \u10db\u10dd\u10e1\u10d0\u10d6\u10d8\u10d3\u10d0\u10d3 \u10db\u10d0\u10d7 \u10e3\u10e4\u10e0\u10dd \u10d0\u10e5\u10e2\u10d8\u10e3\u10e0\u10d0\u10d3 \u10d3\u10d0\u10d8\u10ec\u10e7\u10d4\u10e1 LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10d7 \u10db\u10d0\u10dc\u10d8\u10de\u10e3\u10da\u10d0\u10ea\u10d8\u10d0. LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10e1\u10d0 \u10d3\u10d0 \u10e1\u10d0\u10d9\u10e0\u10d4\u10d3\u10d8\u10e2\u10dd \u10e0\u10d8\u10e1\u10d9\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7 \u10db\u10d4\u10d3\u10d8\u10d0 \u10e1\u10de\u10d4\u10d9\u10e3\u10da\u10d0\u10ea\u10d8\u10d4\u10d1\u10d8 \u10d3\u10d0\u10d8\u10ec\u10e7\u10dd. 28 \u10d0\u10d2\u10d5\u10d8\u10e1\u10e2\u10dd\u10e1 \u10e4\u10d4\u10d3\u10d8\u10e1 \u10dc\u10d8\u10e3-\u10d8\u10dd\u10e0\u10d9\u10d8\u10e1 \u10dd\u10e4\u10d8\u10e1\u10db\u10d0 \u10d2\u10d0\u10db\u10dd\u10d0\u10e5\u10d5\u10d4\u10e7\u10dc\u10d0 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8, \u10e1\u10d0\u10d3\u10d0\u10ea \u10d4\u10ec\u10d4\u10e0\u10d0, \u10e0\u10dd\u10db LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10d0\u10e0\u10d0\u10e0\u10d4\u10d0\u10da\u10e3\u10e0\u10d0\u10d3 \u10d3\u10d0\u10d1\u10d0\u10da\u10d8 \u10d8\u10e7\u10dd. 28 \u10dc\u10dd\u10d4\u10db\u10d1\u10d4\u10e0\u10e1 \u10d9\u10d8 FSA-\u10d8\u10e1 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8\u10e1 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10d8 \u10d4\u10e0\u10d7-\u10d4\u10e0\u10d7\u10d8 \u10e8\u10d8\u10d3\u10d0 \u10d4\u10da\u10d4\u10e5\u10e2\u10e0\u10dd\u10dc\u10e3\u10da\u10d8 \u10e4\u10dd\u10e1\u10e2\u10d8\u10d7 \u10d2\u10d0\u10d2\u10d6\u10d0\u10d5\u10dc\u10d8\u10da \u10ec\u10d4\u10e0\u10d8\u10da\u10e8\u10d8 \u10ec\u10d4\u10e0\u10d3\u10d0, \u10e0\u10dd\u10db &#8221;LIBOR \u10d0\u10e0 \u10d0\u10e1\u10d0\u10ee\u10d0\u10d5\u10d3\u10d0 \u10e4\u10e3\u10da\u10d8\u10e1 \u10e0\u10d4\u10d0\u10da\u10e3\u10e0 \u10e6\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d4\u10d1\u10d0\u10e1&#8221;.<\/p>\n<p>The commodity Futures Trading Commission-\u10d8\u10e1 (CFTC) \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7, \u10d3\u10d4\u10d9\u10d4\u10db\u10d1\u10d4\u10e0\u10e8\u10d8 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10d8 \u10d3\u10d0\u10e3\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d3\u10d0 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1 \u10e1\u10d0\u10d1\u10d0\u10dc\u10d9\u10dd \u10d0\u10e1\u10dd\u10ea\u10d8\u10d0\u10ea\u10d8\u10d0\u10e1 (BBA) \u10d3\u10d0 FSA-\u10d8\u10e1 \u10d3\u10d0 \u10d2\u10d0\u10dc\u10e3\u10ea\u10ee\u10d0\u10d3\u10d0 \u10d8\u10db\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1, \u10e0\u10dd\u10db &#8221;\u10e1\u10ee\u10d5\u10d0 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8 \u10d0\u10e0\u10d0\u10e1\u10d0\u10dc\u10e5\u10ea\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d0\u10d3 \u10d0\u10ec\u10d4\u10e1\u10d4\u10d1\u10d3\u10dc\u10d4\u10dc \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10e1&#8221;. <\/p>\n<p>FSA-\u10d8\u10e1 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea 6 \u10d3\u10d4\u10d9\u10d4\u10db\u10d1\u10d4\u10e0\u10e1 \u10d2\u10d0\u10db\u10dd\u10e5\u10d5\u10d4\u10e7\u10dc\u10d3\u10d0, B\u10d0\u10e0\u10ea\u10da\u10d0\u10e7\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10d8 \u10d3\u10d0\u10e3\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d3\u10d0 \u10db\u10d0\u10d7 \u10d3\u10d0 \u10d8\u10d2\u10d8\u10d5\u10d4 \u10d8\u10dc\u10e4\u10dd\u10e0\u10db\u10d0\u10ea\u10d8\u10d0 \u10db\u10d8\u10d0\u10ec\u10dd\u10d3\u10d0, \u10d7\u10e3\u10db\u10ea\u10d0 \u10d0\u10e0\u10d0\u10e4\u10d4\u10e0\u10d8 \u10e3\u10d7\u10e5\u10d5\u10d0\u10db\u10d7 \u10d8\u10db\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1, \u10e0\u10dd\u10db \u10db\u10d0\u10d7\u10d8 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10ea \u10d0\u10e0\u10d0\u10e1\u10d0\u10db\u10d0\u10e0\u10d7\u10da\u10d8\u10d0\u10dc\u10d8 \u10d8\u10e7\u10dd. <\/p>\n<p>\u10d3\u10d4\u10d9\u10d4\u10db\u10d1\u10e0\u10d8\u10e1 \u10d3\u10d0\u10e1\u10d0\u10ec\u10e7\u10d8\u10e1\u10e8\u10d8 \u10d0\u10e1\u10d4\u10d5\u10d4 \u10d2\u10d0\u10db\u10dd\u10e5\u10d5\u10d4\u10e7\u10dc\u10d3\u10d0 CFTC-\u10d8\u10e1 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8, \u10e1\u10d0\u10d3\u10d0\u10ea \u10d4\u10ec\u10d4\u10e0\u10d0, \u10e0\u10dd\u10db \u10db\u10d0\u10d7 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10d8, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea \u10de\u10d0\u10e1\u10e3\u10ee\u10d8\u10e1\u10db\u10d2\u10d4\u10d1\u10d4\u10da\u10d8 \u10d8\u10e7\u10dd LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10db\u10d8\u10ec\u10d3\u10d4\u10d1\u10d0\u10d6\u10d4, \u10e9\u10d8\u10dd\u10d3\u10d0 \u10d8\u10db\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1, \u10e0\u10dd\u10db \u10db\u10d8\u10e1\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10d0\u10e0\u10ea\u10d7\u10e3 \u10e1\u10d0\u10db\u10d0\u10e0\u10d7\u10da\u10d8\u10d0\u10dc\u10d0\u10d3 \u10d8\u10e7\u10dd \u10d3\u10d0\u10d7\u10d5\u10da\u10d8\u10da\u10d8. \u10db\u10d0\u10dc \u10d0\u10e1\u10d4\u10d5\u10d4 \u10db\u10d8\u10e1\u10ec\u10d4\u10e0\u10d0 \u10d4\u10da\u10d4\u10e5\u10e2\u10e0\u10dd\u10dc\u10e3\u10da\u10d8 \u10e4\u10dd\u10e1\u10e2\u10d0 \u10db\u10d8\u10e1 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10dd\u10d1\u10d0\u10e1. &#8221;\u10d5\u10ec\u10e3\u10ee\u10d5\u10d0\u10e0 \u10d8\u10db\u10d8\u10e1 \u10d2\u10d0\u10db\u10dd, \u10e0\u10dd\u10db \u10e9\u10d5\u10d4\u10dc\u10d8 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10d0\u10e0\u10ea\u10d7\u10e3 \u10e1\u10ec\u10dd\u10e0\u10d8\u10d0. \u10e9\u10d5\u10d4\u10dc \u10d0\u10e0\u10d0\u10e1\u10ec\u10dd\u10e0\u10d0\u10d3 \u10d2\u10d0\u10dc\u10d5\u10e1\u10d0\u10d6\u10e6\u10d5\u10e0\u10d0\u10d5\u10d7 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10e1 \u10d3\u10d0 \u10d4\u10ed\u10d5\u10e5\u10d5\u10d4\u10e8 \u10d5\u10d0\u10e7\u10d4\u10dc\u10d4\u10d1\u10d7 \u10e9\u10d5\u10d4\u10dc\u10e1 \u10e0\u10d4\u10de\u10e3\u10e2\u10d0\u10ea\u10d8\u10d0\u10e1 \u10d1\u10d0\u10d6\u10d0\u10e0\u10d6\u10d4 \u10d3\u10d0 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10d8\u10e1 \u10ec\u10d8\u10dc\u10d0\u10e8\u10d4. \u10e8\u10d4\u10d8\u10eb\u10da\u10d4\u10d1\u10d0 \u10d2\u10d0\u10dc\u10d5\u10d8\u10ee\u10d8\u10da\u10dd\u10d7 \u10d4\u10e1 \u10e1\u10d0\u10d9\u10d8\u10d7\u10ee\u10d8 \u10e1\u10d0\u10e1\u10ec\u10e0\u10d0\u10e4\u10dd\u10d3?&#8221; &#8211; \u10d4\u10ec\u10d4\u10e0\u10d0 \u10db\u10d4\u10d8\u10da\u10e8\u10d8. <\/p>\n<p>\u10db\u10d8\u10e3\u10ee\u10d4\u10d3\u10d0\u10d5\u10d0\u10d3 \u10d0\u10db\u10d8\u10e1\u10d0, Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10da\u10d4\u10d1\u10d8 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10d8\u10e1 \u10ec\u10d8\u10dc\u10d0\u10e8\u10d4 \u10ef\u10d8\u10e3\u10e2\u10d0\u10d3 \u10d0\u10db\u10e2\u10d9\u10d8\u10ea\u10d4\u10d1\u10d3\u10dc\u10d4\u10dc, \u10e0\u10dd\u10db \u10db\u10d0\u10d7 \u10db\u10d8\u10d4\u10e0 \u10d2\u10d0\u10dc\u10e1\u10d0\u10d6\u10e6\u10d5\u10e0\u10e3\u10da\u10d8 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10e1\u10ee\u10d5\u10d0 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1\u10d2\u10d0\u10dc \u10d2\u10d0\u10dc\u10e1\u10ee\u10d5\u10d0\u10d5\u10d4\u10d1\u10d8\u10d7 \u10e1\u10d0\u10db\u10d0\u10e0\u10d7\u10da\u10d8\u10d0\u10dc\u10d8 \u10d8\u10e7\u10dd.<\/p>\n<p>17 \u10d3\u10d4\u10d9\u10d4\u10db\u10d1\u10d4\u10e0\u10e1 Barclays \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10db\u10d0 \u10e4\u10d4\u10d3\u10d8\u10e1 \u10dc\u10d8\u10e3-\u10d8\u10dd\u10e0\u10d9\u10d8\u10e1 \u10d2\u10d0\u10dc\u10e7\u10dd\u10e4\u10d8\u10da\u10d4\u10d1\u10d0\u10e1\u10d7\u10d0\u10dc \u10e1\u10d0\u10e2\u10d4\u10da\u10d4\u10e4\u10dd\u10dc\u10dd \u10e1\u10d0\u10e3\u10d1\u10e0\u10d8\u10e1\u10d0\u10e1 \u10d9\u10d5\u10da\u10d0\u10d5 \u10d2\u10d0\u10dc\u10d0\u10ea\u10ee\u10d0\u10d3\u10d0, \u10e0\u10dd\u10db Libor-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10d0\u10e0\u10d0\u10e0\u10d4\u10d0\u10da\u10e3\u10e0\u10d0\u10d3 \u10d3\u10d0\u10d1\u10d0\u10da\u10d8 \u10d8\u10e7\u10dd. <\/p>\n<p><strong>2008 \u10ec\u10d4\u10da\u10d8<\/strong> <\/p>\n<p>11 \u10d0\u10de\u10e0\u10d8\u10da\u10e1, \u10dc\u10d8\u10e3 \u10d8\u10dd\u10e0\u10d9\u10d8\u10e1 \u10e4\u10d4\u10d3\u10d8\u10e1 \u10dd\u10e4\u10d8\u10e1\u10db\u10d0 \u10d3\u10d0\u10d8\u10d1\u10d0\u10e0\u10d0 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10d8 Libor-\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d8 \u10de\u10e0\u10dd\u10d1\u10da\u10d4\u10db\u10d8\u10e1 \u10d2\u10d0\u10db\u10dd\u10e1\u10d0\u10eb\u10d8\u10d4\u10d1\u10da\u10d0\u10d3. \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10db\u10d0 \u10d9\u10d8\u10d3\u10d4\u10d5 \u10d4\u10e0\u10d7\u10ee\u10d4\u10da \u10d3\u10d0\u10d0\u10d3\u10d0\u10e1\u10e2\u10e3\u10e0\u10d0, \u10e0\u10dd\u10db \u10e1\u10ee\u10d5\u10d0 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d7\u10d0\u10dc \u10d4\u10e0\u10d7\u10d0\u10d3, \u10db\u10d8\u10e1\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8\u10ea \u10ee\u10d4\u10da\u10dd\u10d5\u10dc\u10e3\u10e0\u10d0\u10d3 \u10d0\u10db\u10ea\u10d8\u10e0\u10d4\u10d1\u10d3\u10d0 Libor-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10e1. <\/p>\n<p>\u10d0\u10db\u10d0\u10d5\u10d4 \u10d3\u10e0\u10dd\u10e1 CFTC-\u10e1\u10d7\u10d0\u10dc \u10e1\u10d0\u10e2\u10d4\u10da\u10d4\u10e4\u10dd\u10dc\u10dd \u10e1\u10d0\u10e3\u10d1\u10d0\u10e0\u10e8\u10d8 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10db\u10d0 \u10d2\u10d0\u10dc\u10d0\u10ea\u10ee\u10d0\u10d3\u10d0, \u10e0\u10dd\u10db \u10db\u10d0\u10e0\u10d7\u10d0\u10da\u10d8\u10d0 \u10d8\u10e1\u10d8\u10dc\u10d8 \u10d2\u10d0\u10e0\u10d9\u10d5\u10d4\u10e3\u10da \u10d9\u10dd\u10e0\u10d4\u10e5\u10e2\u10d8\u10e0\u10d4\u10d1\u10d0\u10e1 \u10ee\u10d4\u10da\u10dd\u10d5\u10dc\u10e3\u10e0\u10d0\u10d3 \u10d4\u10ec\u10d4\u10dd\u10d3\u10dc\u10d4\u10dc Libor-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d8\u10e1\u10d0\u10e1, \u10d7\u10e3\u10db\u10ea\u10d0 \u10db\u10d0\u10d7\u10d6\u10d4 \u10e3\u10d0\u10e0\u10d4\u10e1\u10d0\u10d3 \u10e1\u10ee\u10d5\u10d0 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8 \u10d8\u10e5\u10ea\u10d4\u10dd\u10d3\u10dc\u10d4\u10dc &#8221;\u10e9\u10d5\u10d4\u10dc \u10e1\u10e3\u10e4\u10d7\u10d4\u10d1\u10d8 \u10d5\u10d0\u10e0\u10d7, \u10db\u10d0\u10d2\u10e0\u10d0\u10db \u10d0\u10e0\u10d0 \u10e1\u10e0\u10e3\u10da\u10d8\u10d0\u10d3, \u10d0\u10e0\u10d0\u10db\u10d4\u10d3 \u10ed\u10e3\u10ed\u10e7\u10d8\u10d0\u10dc\u10d8 \u10e1\u10e3\u10e4\u10d7\u10d4\u10d1\u10d8&#8221;. \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10d8\u10e1 \u10d9\u10d8 \u10d0\u10db\u10d8\u10e1 \u10e1\u10d0\u10de\u10d0\u10e1\u10e3\u10ee\u10dd\u10d3 \u10d0\u10d5\u10e0\u10ea\u10d4\u10da\u10d4\u10d1\u10d4\u10dc \u10d2\u10d0\u10dc\u10ea\u10ee\u10d0\u10d3\u10d4\u10d1\u10d0\u10e1, \u10e0\u10dd\u10db \u10d0\u10db \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10e8\u10d8 \u10d2\u10d0\u10ee\u10d5\u10d4\u10e3\u10da\u10d8 \u10d0\u10e0\u10ea \u10d4\u10e0\u10d7\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8 &#8221;\u10e1\u10e3\u10e4\u10d7\u10d0 \u10d0\u10e0\u10d0\u10d0&#8221;.<\/p>\n<p>FSA-\u10d8\u10e1 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea Wall Street Journal-\u10e8\u10d8 \u10d2\u10d0\u10db\u10dd\u10e5\u10d5\u10d4\u10e7\u10dc\u10d3\u10d0, Barclays-\u10d8\u10db BBA-\u10e1 \u10db\u10d8\u10d0\u10ec\u10dd\u10d3\u10d0 \u10d8\u10dc\u10e4\u10dd\u10e0\u10db\u10d0\u10ea\u10d8\u10d0, \u10e1\u10d0\u10d3\u10d0\u10ea \u10d8\u10e1 \u10db\u10ec\u10e3\u10ee\u10d0\u10e0\u10d4\u10d1\u10d0\u10e1 \u10d2\u10d0\u10db\u10dd\u10d7\u10e5\u10d5\u10d0\u10db\u10d3\u10d0 Libor-\u10d8\u10e1 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d0\u10e1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10e3\u10da \u10d0\u10df\u10d8\u10dd\u10e2\u10d0\u10df\u10d6\u10d4. BBA-\u10d8\u10db \u10d4\u10e1 \u10d8\u10dc\u10e4\u10dd\u10e0\u10db\u10d0\u10ea\u10d8\u10d0 \u10d3\u10d0\u10d0\u10d3\u10d0\u10e1\u10e2\u10e3\u10e0\u10d0. <\/p>\n<p>17 \u10d0\u10de\u10e0\u10d8\u10da\u10e1 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10db\u10d4\u10dc\u10d4\u10ef\u10d4\u10e0\u10db\u10d0 FSA-\u10d8\u10e1\u10d7\u10d0\u10dc \u10e1\u10d0\u10e2\u10d4\u10da\u10d4\u10e4\u10dd\u10dc\u10dd \u10e1\u10d0\u10e3\u10d1\u10e0\u10d8\u10e1\u10d0\u10e1 \u10d2\u10d0\u10dc\u10d0\u10ea\u10ee\u10d0\u10d3\u10d0: &#8221;\u10db\u10d0\u10e0\u10d7\u10d0\u10da\u10d8\u10d0, \u10ec\u10d8\u10dc\u10d0 \u10ec\u10d4\u10da\u10e1 Libor-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10ee\u10d4\u10da\u10dd\u10d5\u10dc\u10e3\u10e0\u10d0\u10d3 \u10db\u10ea\u10d8\u10e0\u10d4 \u10d8\u10e7\u10dd, \u10db\u10d0\u10d2\u10e0\u10d0\u10db \u10e9\u10d5\u10d4\u10dc \u10d5\u10db\u10e3\u10e8\u10dd\u10d1\u10d3\u10d8\u10d7, \u10e0\u10dd\u10d2\u10dd\u10e0\u10ea \u10d4\u10e0\u10d7\u10d8 \u10d2\u10e3\u10dc\u10d3\u10d8 \u10e1\u10ee\u10d5\u10d0 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d7\u10d0\u10dc \u10d4\u10e0\u10d7\u10d0\u10d3 \u10d3\u10d0 \u10db\u10ee\u10dd\u10da\u10dd\u10d3 \u10e9\u10d5\u10d4\u10dc \u10d0\u10e0 \u10db\u10d8\u10d2\u10d5\u10d8\u10eb\u10e6\u10d5\u10d8\u10e1 \u10ec\u10d5\u10da\u10d8\u10da\u10d8 \u10d0\u10db\u10d0\u10e8\u10d8.&#8221;<\/p>\n<p>\u10d0\u10de\u10e0\u10d8\u10da\u10d8\u10e1 \u10d1\u10dd\u10da\u10dd\u10e1 \u10dc\u10d8\u10e3 \u10d8\u10dd\u10e0\u10d9\u10d8\u10e1 \u10e4\u10d4\u10d3\u10d8\u10e1 \u10dd\u10e4\u10d8\u10ea\u10d8\u10d0\u10da\u10e3\u10e0\u10d8 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10d8 \u10ee\u10d5\u10d3\u10d4\u10d1\u10d0 \u10e1\u10ee\u10d5\u10d0 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10d4\u10da\u10d8 \u10dd\u10e0\u10d2\u10d0\u10dc\u10dd\u10d4\u10d1\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10da\u10d4\u10d1\u10e1 \u10d8\u10db\u10d8\u10e1 \u10d2\u10d0\u10dc\u10e1\u10d0\u10ee\u10d8\u10da\u10d5\u10d4\u10da\u10d0\u10d3, \u10d7\u10e3 \u10e0\u10d0 \u10e8\u10d4\u10d8\u10eb\u10da\u10d4\u10d1\u10d0 \u10d2\u10d0\u10d9\u10d4\u10d7\u10d3\u10d4\u10e1 \u10de\u10e0\u10dd\u10d1\u10da\u10d4\u10db\u10d0\u10e1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. \u10d0\u10db\u10d8\u10e1 \u10e8\u10d4\u10db\u10d3\u10d4\u10d2 \u10dc\u10d8\u10e3-\u10d8\u10dd\u10e0\u10d9\u10d8\u10e1 \u10e4\u10d4\u10d3\u10d8\u10e1 \u10d2\u10d0\u10dc\u10e7\u10dd\u10e4\u10d8\u10da\u10d4\u10d1\u10d0 \u10e1\u10d0\u10d7\u10d0\u10dd \u10dd\u10e4\u10d8\u10e1\u10e1 \u10d5\u10e0\u10ea\u10d4\u10da \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8 \u10e3\u10d2\u10d6\u10d0\u10d5\u10dc\u10d8\u10e1 Libor-\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. <\/p>\n<p>29 \u10db\u10d0\u10d8\u10e1\u10e1, Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10da\u10dd\u10d1\u10d0 \u10db\u10d4\u10d3\u10d8\u10d0\u10e1\u10d7\u10d0\u10dc \u10e1\u10d0\u10e3\u10d1\u10d0\u10e0\u10e8\u10d8 \u10d0\u10ea\u10ee\u10d0\u10d3\u10d4\u10d1\u10e1, \u10e0\u10dd\u10db FSA-\u10d8\u10e1 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10e1 \u10d0\u10e0 \u10d4\u10d7\u10d0\u10dc\u10ee\u10db\u10d4\u10d1\u10d8\u10d0\u10dc \u10d3\u10d0 \u10d3\u10d0\u10e1\u10eb\u10d4\u10dc\u10d4\u10dc, \u10e0\u10dd\u10db &#8221;\u10e7\u10dd\u10d5\u10d4\u10da\u10d7\u10d5\u10d8\u10e1 \u10d1\u10d0\u10d6\u10e0\u10d8\u10e1 \u10d8\u10dc\u10e2\u10d4\u10e0\u10d4\u10e1\u10d4\u10d1\u10d8\u10d3\u10d0\u10dc \u10d2\u10d0\u10db\u10dd\u10db\u10d3\u10d8\u10dc\u10d0\u10e0\u10d4 \u10d0\u10ee\u10d3\u10d4\u10dc\u10d3\u10dc\u10d4\u10dc \u10e1\u10d0\u10d9\u10e3\u10d7\u10d0\u10e0\u10d8 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d9\u10dd\u10e0\u10d4\u10e5\u10e2\u10d8\u10e0\u10d4\u10d1\u10d0\u10e1&#8221;.<br \/>\n\u10d8\u10d5\u10dc\u10d8\u10e1\u10d8\u10e1 \u10d3\u10d0\u10e1\u10d0\u10ec\u10e7\u10d8\u10e1\u10e8\u10d8, \u10e4\u10d4\u10d3\u10d8\u10e1 \u10dc\u10d8\u10e3-\u10d8\u10dd\u10e0\u10d9\u10d8\u10e1 \u10dd\u10e4\u10d8\u10e1\u10d8\u10e1 \u10db\u10d0\u10e8\u10d8\u10dc\u10d3\u10d4\u10da\u10d8 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10d8 \u10e2\u10d8\u10db \u10d2\u10d4\u10d8\u10e2\u10dc\u10d4\u10e0\u10d8 \u10e3\u10d2\u10d6\u10d0\u10d5\u10dc\u10d8\u10e1 \u10db\u10d8\u10db\u10d0\u10e0\u10d7\u10d5\u10d0\u10e1 \u10d8\u10dc\u10d2\u10da\u10d8\u10e1\u10d8\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10db\u10d4\u10d7\u10d0\u10e3\u10e0\u10e1, \u10db\u10d4\u10e0\u10d5\u10d8\u10dc \u10d9\u10d8\u10dc\u10d2\u10e1 \u10d3\u10d0 \u10ea\u10d3\u10d8\u10da\u10dd\u10d1\u10e1 \u10d3\u10d0\u10d0\u10e0\u10ec\u10db\u10e3\u10dc\u10dd\u10e1 Libor-\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d8 \u10de\u10e0\u10dd\u10d1\u10da\u10d4\u10db\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d4\u10e0\u10d8\u10dd\u10d6\u10e3\u10da\u10dd\u10d1\u10d0\u10e8\u10d8. <\/p>\n<p>\u10d2\u10d0\u10d6\u10d0\u10e4\u10ee\u10e3\u10da\u10d8: BBA \u10d0\u10db\u10d6\u10d0\u10d3\u10d4\u10d1\u10e1 Libor-\u10d8\u10e1 \u10db\u10d8\u10db\u10dd\u10ee\u10d8\u10da\u10d5\u10d0\u10e1, \u10d8\u10ec\u10e7\u10d4\u10d1\u10d0 \u10e1\u10d0\u10e3\u10d1\u10d0\u10e0\u10d8 \u10db\u10d8\u10e1 \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d0\u10e1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. 10 \u10d8\u10d5\u10dc\u10d8\u10e1\u10e1 BBA \u10d0\u10e5\u10d5\u10d4\u10e7\u10dc\u10d4\u10d1\u10e1 \u10e0\u10d4\u10d9\u10dd\u10db\u10d4\u10dc\u10d3\u10d0\u10ea\u10d8\u10d4\u10d1\u10e1 Libor-\u10d8\u10e1 \u10ea\u10d5\u10da\u10d8\u10da\u10d4\u10d1\u10d4\u10d1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea \u10d2\u10d0\u10db\u10ed\u10d5\u10d8\u10e0\u10d5\u10d0\u10da\u10dd\u10d1\u10d8\u10e1 \u10e3\u10e4\u10e0\u10dd \u10db\u10d4\u10e2 \u10ee\u10d0\u10e0\u10d8\u10e1\u10ee\u10d6\u10d4 \u10e3\u10dc\u10d3\u10d0 \u10d8\u10e7\u10dd\u10e1 \u10d3\u10d0\u10e4\u10e3\u10eb\u10dc\u10d4\u10d1\u10e3\u10da\u10d8. Barclays \u10e3\u10d0\u10e0\u10e1 \u10d0\u10ea\u10ee\u10d0\u10d3\u10d4\u10d1\u10e1 \u10e1\u10d0\u10d9\u10e3\u10d7\u10d0\u10e0\u10d8 \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d8\u10e1 \u10d2\u10d0\u10db\u10ed\u10d5\u10d8\u10e0\u10d5\u10d0\u10da\u10dd\u10d1\u10d0\u10d6\u10d4. <\/p>\n<p>5 \u10d0\u10d2\u10d5\u10d8\u10e1\u10e2\u10dd\u10e1 BBA \u10d0\u10e5\u10d5\u10d4\u10e7\u10dc\u10d4\u10d1\u10e1 \u10e1\u10d0\u10d9\u10e3\u10d7\u10d0\u10e0\u10d8 \u10e0\u10d4\u10d9\u10dd\u10db\u10d4\u10dc\u10d3\u10d0\u10ea\u10d8\u10d4\u10d1\u10d8\u10e1 \u10d3\u10d0\u10db\u10d0\u10e2\u10d4\u10d1\u10d0\u10e1 \u10d3\u10d0 \u10d0\u10e6\u10dc\u10d8\u10e8\u10dc\u10d0\u10d5\u10e1, \u10e0\u10dd\u10db Libor-\u10d8\u10e1 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d8\u10e1 \u10d0\u10e0\u10e1\u10d4\u10d1\u10e3\u10da\u10d8 \u10e1\u10d8\u10e1\u10e2\u10d4\u10db\u10d0 \u10e3\u10dc\u10d3\u10d0 \u10e8\u10d4\u10dc\u10d0\u10e0\u10e9\u10e3\u10dc\u10d3\u10d4\u10e1.<br \/>\n\u10e1\u10d4\u10e5\u10e2\u10d4\u10db\u10d1\u10d4\u10e0\u10e8\u10d8 Lehman Brothers-\u10d8\u10e1 \u10d2\u10d0\u10d9\u10dd\u10e2\u10e0\u10d4\u10d1\u10d8\u10e1 \u10d9\u10d5\u10d0\u10da\u10d3\u10d0\u10d9\u10d5\u10d0\u10da, \u10d8\u10dc\u10d2\u10da\u10d8\u10e1\u10d8\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d8, \u10d4\u10e1\u10d0\u10e3\u10d1\u10e0\u10d4\u10d1\u10d0 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10dd\u10d1\u10d0\u10e1 \u10d3\u10d0 \u10e1\u10d5\u10d0\u10db\u10e1 \u10d9\u10d8\u10d7\u10ee\u10d5\u10d0\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10da\u10d8\u10d9\u10d5\u10d8\u10d3\u10dd\u10d1\u10d0\u10e1\u10d0 \u10d3\u10d0 \u10db\u10d8\u10e1\u10d8 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d0\u10d3\u10d4\u10e5\u10d5\u10d0\u10e2\u10e3\u10e0\u10dd\u10d1\u10d0\u10e1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7.<br \/>\n13 \u10dd\u10e5\u10e2\u10dd\u10db\u10d1\u10d4\u10e0\u10e1 \u10d3\u10d8\u10d3\u10d8 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1 \u10db\u10d7\u10d0\u10d5\u10e0\u10dd\u10d1\u10d0 \u10d0\u10e5\u10d5\u10d4\u10e7\u10dc\u10d4\u10d1\u10e1 \u10d2\u10d4\u10d2\u10db\u10d0\u10e1, \u10e0\u10dd\u10db\u10da\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7\u10d0\u10ea \u10d8\u10d2\u10d4\u10d2\u10db\u10d4\u10d1\u10d0 \u10e1\u10d0\u10d2\u10d0\u10d3\u10d0\u10e1\u10d0\u10ee\u10d0\u10d3\u10dd \u10e8\u10d4\u10db\u10dd\u10e1\u10d0\u10d5\u10da\u10d4\u10d1\u10d8\u10e1 3 \u10d1\u10d0\u10dc\u10d9\u10e8\u10d8 \u10d0\u10d9\u10e3\u10db\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10d0 \u2013 Royal Bank of Scotland, Lloyds TSB \u10d3\u10d0 HBOS.<\/p>\n<p>24 \u10dd\u10e5\u10e2\u10dd\u10db\u10d1\u10d4\u10e0\u10e1 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10d8, \u10e4\u10d4\u10d3\u10d8\u10e1 \u10dc\u10d8\u10e3-\u10d8\u10dd\u10e0\u10d9\u10d8\u10e1 \u10d2\u10d0\u10dc\u10e7\u10dd\u10e4\u10d8\u10da\u10d4\u10d1\u10d0\u10e1 \u10d4\u10da\u10d4\u10e5\u10e2\u10e0\u10dd\u10dc\u10e3\u10da\u10d8 \u10e4\u10dd\u10e1\u10e2\u10d8\u10d7 \u10d0\u10e2\u10e7\u10dd\u10d1\u10d8\u10dc\u10d4\u10d1\u10e1, \u10e0\u10dd\u10db &#8221;Libor-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10e1\u10e0\u10e3\u10da\u10d8 \u10dc\u10d0\u10d2\u10d0\u10d5\u10d8\u10d0&#8221;. <\/p>\n<p>20 \u10dd\u10e5\u10e2\u10dd\u10db\u10d1\u10d4\u10e0\u10e1 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10d8 \u10d1\u10dd\u10d1 \u10d3\u10d0\u10d8\u10db\u10dd\u10dc\u10d3\u10d8 \u10d4\u10e1\u10d0\u10e3\u10d1\u10e0\u10d4\u10d1\u10d0 \u10e2\u10d4\u10da\u10d4\u10e4\u10dd\u10dc\u10d8\u10d7 \u10d3\u10d8\u10d3\u10d8 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1 \u10db\u10d7\u10d0\u10d5\u10e0\u10dd\u10d1\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10e1. \u10db\u10d4\u10dd\u10e0\u10d4 \u10d3\u10e6\u10d4\u10e1 \u10d3\u10d0\u10d8\u10db\u10dd\u10dc\u10d3\u10d8 \u10e1\u10d0\u10d9\u10e3\u10d7\u10d0\u10e0 \u10d9\u10dd\u10da\u10d4\u10d2\u10d4\u10d1\u10e1 \u10d4\u10da\u10d4\u10e5\u10e2\u10e0\u10dd\u10dc\u10e3\u10da\u10d8 \u10e4\u10dd\u10e1\u10e2\u10d8\u10d7 \u10d0\u10e2\u10e7\u10dd\u10d1\u10d8\u10dc\u10d4\u10d1\u10e1, \u10e0\u10dd\u10db \u10db\u10d7\u10d0\u10d5\u10e0\u10dd\u10d1\u10d0\u10e1 \u10e1\u10e3\u10e0\u10e1 \u10d2\u10d0\u10d8\u10d2\u10dd\u10e1, \u10d7\u10e3 \u10e0\u10d0\u10e2\u10dd\u10db\u10d0\u10d0 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 \u10e7\u10dd\u10d5\u10d4\u10da\u10d7\u10d5\u10d8\u10e1 \u10e1\u10d8\u10d8\u10e1 \u10e1\u10d0\u10d7\u10d0\u10d5\u10d4\u10e8\u10d8. Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10d8 \u10d0\u10e1\u10d4\u10d5\u10d4 \u10d0\u10e6\u10dc\u10d8\u10e8\u10dc\u10d0\u10d5\u10d3\u10d0, \u10e0\u10dd\u10db \u10db\u10d0\u10e1 \u10d0\u10e5\u10d4\u10d6\u10d4\u10d1\u10d3\u10d0 \u10ee\u10d4\u10da\u10d8\u10e1\u10e3\u10e4\u10da\u10d4\u10d1\u10d8\u10e1 \u10ec\u10d0\u10e0\u10db\u10dd\u10db\u10d0\u10d3\u10d2\u10d4\u10dc\u10d4\u10da\u10d8 \u10d3\u10d0 \u10d4\u10e3\u10d1\u10dc\u10d4\u10d1\u10dd\u10d3\u10d0, \u10e0\u10dd\u10db \u10d0\u10e0 \u10d0\u10e0\u10d8\u10e1 \u10e1\u10d0\u10ed\u10d8\u10e0\u10dd \u10e7\u10dd\u10d4\u10da\u10d7\u10d5\u10d8\u10e1 \u10db\u10d0\u10e6\u10d0\u10da\u10d8 \u10d8\u10e7\u10dd\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8. \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1 \u10ee\u10d4\u10da\u10d8\u10e1\u10e3\u10e4\u10da\u10d4\u10d1\u10d0\u10db \u10d4\u10e1 \u10d8\u10dc\u10e4\u10dd\u10e0\u10db\u10d0\u10ea\u10d8\u10d0 \u10e3\u10d0\u10e0\u10e7\u10dd. <\/p>\n<p>17 \u10dc\u10dd\u10d4\u10db\u10d1\u10d4\u10e0\u10e1 BBA \u10d0\u10e5\u10d5\u10d4\u10e7\u10dc\u10d4\u10d1\u10e1 \u10d3\u10dd\u10d9\u10e3\u10db\u10d4\u10dc\u10e2\u10d8\u10e1 \u10d3\u10e0\u10d0\u10e4\u10e2\u10e1, \u10e0\u10dd\u10db\u10da\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7\u10d0\u10ea \u10e3\u10dc\u10d3\u10d0 \u10db\u10dd\u10ee\u10d3\u10d4\u10e1 Libor-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d2\u10d0\u10dc\u10e1\u10d0\u10d6\u10e6\u10d5\u10e0\u10d0. \u10e1\u10d0\u10d1\u10dd\u10da\u10dd\u10dd \u10e1\u10d0\u10ee\u10d8\u10d7 \u10d3\u10dd\u10d9\u10e3\u10db\u10d4\u10dc\u10e2\u10d8 2009 \u10ec\u10da\u10d8\u10e1 16 \u10d8\u10d5\u10da\u10d8\u10e1\u10e1 \u10e5\u10d5\u10d4\u10e7\u10dc\u10d3\u10d4\u10d1\u10d0.<\/p>\n<p><strong>2009 \u10ec\u10d4\u10da\u10d8<\/strong><\/p>\n<p>2 \u10dc\u10dd\u10d4\u10db\u10d1\u10d4\u10e0\u10e1 BBA \u10d0\u10e5\u10d5\u10d4\u10e7\u10dc\u10d4\u10d1\u10e1 \u10e1\u10d0\u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10dd \u10de\u10e0\u10d8\u10dc\u10ea\u10d8\u10de\u10d4\u10d1\u10e1, \u10e0\u10dd\u10db\u10da\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7\u10d0\u10ea \u10e7\u10d5\u10d4\u10da\u10d0 \u10d1\u10d0\u10dc\u10d9\u10e1 \u10d4\u10eb\u10da\u10d4\u10d5\u10d0 \u10e0\u10d4\u10d9\u10dd\u10db\u10d4\u10dc\u10d3\u10d0\u10ea\u10d8\u10d0, Libor-\u10d8\u10e1 \u10e4\u10dd\u10e0\u10db\u10d8\u10dc\u10e0\u10d4\u10d1\u10d8\u10e1\u10d0\u10e1 \u10d4\u10e0\u10d7\u10dc\u10d0\u10d8\u10e0\u10d8 \u10db\u10d4\u10d7\u10dd\u10d3\u10d8\u10d7 \u10e8\u10d4\u10d8\u10db\u10e3\u10e8\u10d0\u10dd\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8. Barclays \u10d0\u10e0 \u10d8\u10e6\u10d4\u10d1\u10e1 \u10db\u10ee\u10d4\u10d3\u10d5\u10d4\u10da\u10dd\u10d1\u10d0\u10e8\u10d8 \u10d0\u10db \u10d2\u10d0\u10d8\u10d3\u10da\u10d0\u10d8\u10dc\u10d4\u10d1\u10e1 \u10d3\u10d0 \u10d0\u10e0 \u10ea\u10d5\u10da\u10d8\u10e1 \u10e1\u10d0\u10d9\u10e3\u10d7\u10d0\u10e0 \u10e1\u10d8\u10e1\u10e2\u10d4\u10db\u10d0\u10e1. \u10d3\u10d4\u10d9\u10d4\u10db\u10d1\u10d4\u10e0\u10e8\u10d8 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8 \u10d8\u10ec\u10e7\u10d4\u10d1\u10e1 \u10e1\u10d0\u10d9\u10e3\u10d7\u10d0\u10e0\u10d8 \u10e1\u10d8\u10e1\u10e2\u10d4\u10db\u10d8\u10e1 \u10d2\u10d0\u10e3\u10db\u10ef\u10dd\u10d1\u10d4\u10e1\u10d4\u10d1\u10d0\u10e1, \u10db\u10d0\u10d2\u10e0\u10d0\u10db \u10d0\u10e0\u10d0 BBA-\u10d8\u10e1 \u10e0\u10d4\u10d9\u10dd\u10db\u10d4\u10dc\u10d3\u10d0\u10ea\u10d8\u10d4\u10d1\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7. 2009 \u10ec\u10da\u10d0\u10db\u10d3\u10d4 \u10d1\u10d0\u10dc\u10d9\u10e8\u10d8 \u10ef\u10d4\u10e0 \u10d9\u10d8\u10d3\u10d4\u10d5 \u10d0\u10e0 \u10d0\u10e0\u10e1\u10d4\u10d1\u10dd\u10d1\u10d3\u10d0 \u10db\u10d9\u10d5\u10d4\u10d7\u10e0\u10d8 \u10ee\u10d0\u10d6\u10d2\u10d0\u10db\u10e7\u10dd\u10e4\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10d3\u10d4\u10e0\u10d8\u10d5\u10d0\u10e2\u10d8\u10d5\u10d4\u10d1\u10d8\u10d7 \u10db\u10dd\u10d5\u10d0\u10ed\u10e0\u10d4\u10d4\u10d1\u10e1\u10d0 \u10d3\u10d0 \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d2\u10d0\u10dc\u10db\u10e1\u10d0\u10d6\u10e6\u10d5\u10e0\u10d4\u10da \u10d2\u10e3\u10dc\u10d3\u10e1 \u10e8\u10dd\u10e0\u10d8\u10e1. <\/p>\n<p><strong>2010 \u10ec\u10d4\u10da\u10d8<\/strong><\/p>\n<p>\u10d8\u10d5\u10dc\u10d8\u10e1\u10e8\u10d8 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10dd\u10d1\u10d0\u10db \u10d7\u10d0\u10dc\u10d0\u10db\u10e8\u10e0\u10dd\u10db\u10da\u10d4\u10d1\u10e8\u10d8 \u10d2\u10d0\u10d0\u10d5\u10e0\u10ea\u10d4\u10da\u10d0 \u10d4\u10da\u10d4\u10e5\u10e2\u10e0\u10dd\u10dc\u10e3\u10da\u10d8 \u10e4\u10dd\u10e1\u10e2\u10d0, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea \u10db\u10d0\u10d7 \u10d0\u10d5\u10d0\u10da\u10d4\u10d1\u10d3\u10d0, \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10dd\u10d1\u10d8\u10e1\u10d7\u10d5\u10d8\u10e1 \u10d0\u10db\u10dd\u10db\u10ec\u10e3\u10e0\u10d0\u10d5\u10d8 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8 \u10d2\u10d0\u10d4\u10d2\u10d6\u10d0\u10d5\u10dc\u10d0\u10d7 \u10e7\u10d5\u10d4\u10da\u10d0 \u10d8\u10db \u10e4\u10d0\u10e5\u10e2\u10dd\u10e0\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d0\u10d6\u10d4 \u10d0\u10ee\u10d3\u10d4\u10dc\u10d3\u10d0 \u10d2\u10d0\u10d5\u10da\u10d4\u10dc\u10d0\u10e1. \u10e1\u10d0\u10e3\u10d1\u10d0\u10e0\u10d8 \u10d8\u10e7\u10dd \u10e0\u10dd\u10d2\u10dd\u10e0\u10ea \u10e8\u10d8\u10dc\u10d3\u10d0, \u10d8\u10e1\u10d4 \u10d2\u10d0\u10e0\u10d4 \u10e4\u10d0\u10e5\u10e2\u10dd\u10e0\u10d4\u10d1\u10d6\u10d4. <\/p>\n<p><strong>2011 \u10ec\u10d4\u10da\u10d8 <\/strong><\/p>\n<p>\u10ec\u10da\u10d8\u10e1 \u10d1\u10dd\u10da\u10dd\u10e1 Royal Bank of Scotland-\u10db\u10d0 \u10d3\u10d0\u10e1\u10d0\u10ef\u10d0 4 \u10d7\u10d0\u10dc\u10d0\u10db\u10e8\u10e0\u10dd\u10db\u10d4\u10da\u10d8, \u10e0\u10dd\u10db\u10da\u10d4\u10d1\u10d8\u10ea LIBOR-\u10d8\u10e1 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10e8\u10d8 \u10d8\u10e7\u10d5\u10dc\u10d4\u10dc \u10d2\u10d0\u10ee\u10d5\u10d4\u10e3\u10da\u10dc\u10d8. <\/p>\n<p><strong>2012 \u10ec\u10d4\u10da\u10d8<\/strong><\/p>\n<p>27 \u10d8\u10d5\u10dc\u10d8\u10e1\u10e1 Barclays \u10d1\u10d0\u10dc\u10d9\u10e1 \u10ef\u10d0\u10e0\u10d8\u10db\u10d8\u10e1 \u10d2\u10d0\u10d3\u10d0\u10ee\u10d3\u10d0 \u10d3\u10d0\u10d0\u10d9\u10d8\u10e1\u10e0\u10d4\u10e1 \u10d3\u10d8\u10d3\u10d8 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1\u10d0 \u10d3\u10d0 \u10d0\u10e8\u10e8-\u10d8\u10e1 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10db\u10d0, \u10ef\u10d0\u10db\u10e8\u10d8, 290 \u10db\u10d8\u10da\u10d8\u10dd\u10dc\u10d8 \u10e4\u10e3\u10dc\u10e2\u10d8 \u10e1\u10e2\u10d4\u10e0\u10da\u10d8\u10dc\u10d2\u10d8\u10e1 \u10db\u10dd\u10ea\u10e3\u10da\u10dd\u10d1\u10d8\u10d7. 29 \u10d8\u10d5\u10dc\u10d8\u10e1\u10e1 \u10d1\u10dd\u10d1 \u10d3\u10d0\u10d8\u10db\u10dd\u10dc\u10d3\u10db\u10d0 \u10d2\u10d0\u10dc\u10d0\u10ea\u10ee\u10d0\u10d3\u10d0, \u10e0\u10dd\u10db \u10d8\u10e1 \u10d0\u10e0 \u10d0\u10de\u10d8\u10e0\u10d4\u10d1\u10d3\u10d0 \u10d2\u10d0\u10d3\u10d0\u10d3\u10d2\u10dd\u10db\u10d0\u10e1. \u10de\u10d0\u10e0\u10d0\u10da\u10d4\u10da\u10e3\u10e0\u10d0\u10d3 \u10d2\u10d0\u10d5\u10e0\u10ea\u10d4\u10da\u10d3\u10d0 \u10d8\u10dc\u10d2\u10da\u10d8\u10e1\u10d8\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10d8\u10e1, \u10db\u10d4\u10e0\u10d5\u10d8\u10dc \u10d9\u10d8\u10dc\u10d2\u10d8\u10e1 \u10d2\u10d0\u10dc\u10ea\u10ee\u10d0\u10d3\u10d4\u10d1\u10d0, \u10e0\u10dd\u10db \u10e1\u10d0\u10d1\u10d0\u10dc\u10d9\u10dd \u10e1\u10e4\u10d4\u10e0\u10dd\u10e1 \u10d9\u10d0\u10e0\u10d3\u10d8\u10dc\u10d0\u10da\u10e3\u10e0\u10d8 \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d0 \u10d2\u10d0\u10e0\u10d3\u10d0\u10e3\u10d5\u10d0\u10da\u10d8\u10d0.<\/p>\n<p>3 \u10d8\u10d5\u10da\u10d8\u10e1\u10e1 \u10d1\u10dd\u10d1 \u10d3\u10d0\u10d8\u10db\u10dd\u10dc\u10d3\u10d8 \u10db\u10d0\u10d8\u10dc\u10ea \u10d2\u10d0\u10d3\u10d0\u10d3\u10d2\u10d0 \u10d7\u10d0\u10dc\u10d0\u10db\u10d3\u10d4\u10d1\u10dd\u10d1\u10d8\u10d3\u10d0\u10dc. \u10db\u10d0\u10e1\u10d7\u10d0\u10dc \u10d4\u10e0\u10d7\u10d0\u10d3 \u10d7\u10d0\u10dc\u10d0\u10db\u10d3\u10d4\u10d1\u10dd\u10d1\u10d0 \u10d9\u10d8\u10d3\u10d4 \u10e0\u10d0\u10db\u10d3\u10d4\u10dc\u10d8\u10db\u10d4 \u10d0\u10d3\u10d0\u10db\u10d8\u10d0\u10dc\u10db\u10d0 \u10d3\u10d0\u10e2\u10dd\u10d5\u10d0. 5 \u10d8\u10d5\u10da\u10d8\u10e1\u10e1 \u10e1\u10d0\u10d9\u10e0\u10d4\u10d3\u10d8\u10e2\u10dd \u10e1\u10d0\u10d0\u10d2\u10d4\u10dc\u10e2\u10dd Moody&#8217;s-\u10e1 \u10d0\u10e3\u10d0\u10e0\u10d4\u10e1\u10d4\u10d1\u10e1 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10de\u10e0\u10dd\u10d2\u10dc\u10dd\u10d6\u10e1 \u10e1\u10e2\u10d0\u10d1\u10d8\u10da\u10e3\u10e0\u10d8\u10d3\u10d0\u10dc \u10dc\u10d4\u10d2\u10d0\u10e2\u10d8\u10e3\u10e0\u10d6\u10d4. 6 \u10d8\u10d5\u10da\u10d8\u10e1\u10e1 \u10d3\u10d0\u10d8\u10ec\u10e7\u10dd \u10dd\u10e4\u10d8\u10ea\u10d8\u10d0\u10da\u10e3\u10e0\u10d8 \u10d9\u10e0\u10d8\u10db\u10d8\u10dc\u10d0\u10da\u10e3\u10e0\u10d8 \u10d2\u10d0\u10db\u10dd\u10eb\u10d8\u10d4\u10d1\u10d0 LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10db\u10d0\u10dc\u10d8\u10de\u10e3\u10da\u10d0\u10ea\u10d8\u10d4\u10d1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7.<\/p>\n<p>10 \u10d0\u10d2\u10d5\u10d8\u10e1\u10e2\u10dd\u10e1 FSA \u10d0\u10e5\u10d5\u10d4\u10e7\u10dc\u10d4\u10d1\u10e1 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10e1, \u10e0\u10dd\u10db\u10da\u10d8\u10e1 \u10db\u10d8\u10ee\u10d4\u10d3\u10d5\u10d8\u10d7\u10d0\u10ea \u10e3\u10dc\u10d3\u10d0 \u10d2\u10d0\u10dc\u10ee\u10dd\u10e0\u10ea\u10d8\u10d4\u10da\u10d3\u10d4\u10e1 \u10da\u10d8\u10d1\u10dd\u10e0\u10d8\u10e1 \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d0. \u10e0\u10dd\u10d2\u10dd\u10e0\u10ea \u10d2\u10d0\u10dc\u10ea\u10ee\u10d0\u10d3\u10d4\u10d1\u10d0\u10e8\u10d8 \u10d8\u10e7\u10dd \u10dc\u10d0\u10d7\u10e5\u10d5\u10d0\u10db\u10d8, \u10da\u10d8\u10d1\u10dd\u10e0\u10e1 \u10e3\u10dc\u10d3\u10d0 \u10d4\u10dc\u10d3\u10dd\u10d1\u10dd\u10d3\u10dc\u10d4\u10dc, \u10d0\u10db\u10df\u10d0\u10db\u10d0\u10d3 \u10d9\u10d8 \u10db\u10d8\u10e1 \u10db\u10d8\u10db\u10d0\u10e0\u10d7 \u10dc\u10d3\u10dd\u10d1\u10d0 \u10d0\u10e0 \u10d0\u10e0\u10e1\u10d4\u10d1\u10dd\u10d1\u10e1.<\/p>\n<p>16 \u10d0\u10d2\u10d5\u10d8\u10e1\u10e2\u10dd\u10e1, \u10d0\u10e8\u10e8-\u10d8\u10e1 \u10d2\u10d4\u10dc\u10d4\u10e0\u10d0\u10da\u10e3\u10e0\u10d8 \u10de\u10e0\u10dd\u10d9\u10e3\u10e0\u10d0\u10e2\u10e3\u10e0\u10d8\u10d3\u10d0\u10dc 7 \u10d1\u10d0\u10dc\u10d9\u10db\u10d0 \u10db\u10d8\u10d8\u10e6\u10dd \u10e3\u10ec\u10e7\u10d4\u10d1\u10d0 \u10d3\u10d0\u10d9\u10d8\u10d7\u10ee\u10d5\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1. \u10d4\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10d0: Barclays, HSBC, RBC, CityGroup, Deutsche Bank, JP Morgan \u10d3\u10d0 UBS.<\/p>\n<p>18 \u10d0\u10d2\u10d5\u10d8\u10e1\u10e2\u10dd\u10e1 \u10ee\u10d0\u10d6\u10d8\u10dc\u10d8\u10e1 \u10d9\u10dd\u10db\u10d8\u10e2\u10d4\u10e2\u10db\u10d0 \u10d2\u10d0\u10db\u10dd\u10d0\u10e5\u10d5\u10d4\u10e7\u10dc\u10d0 \u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d8, \u10e1\u10d0\u10d3\u10d0\u10ea \u10e6\u10d8\u10d0\u10d3 \u10d3\u10d0\u10e1\u10d3\u10dd \u10d1\u10e0\u10d0\u10da\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10e1 \u10d0\u10e0\u10d0\u10e1\u10d0\u10db\u10d0\u10e0\u10d7\u10da\u10d8\u10d0\u10dc \u10e5\u10db\u10d4\u10d3\u10d4\u10d1\u10d0\u10e8\u10d8. \u10d9\u10dd\u10db\u10d8\u10e2\u10d4\u10e2\u10db\u10d0 \u10d2\u10d0\u10d0\u10d9\u10e0\u10d8\u10e2\u10d8\u10d9\u10d0 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1 \u10e2\u10dd\u10de-\u10db\u10d4\u10dc\u10d4\u10ef\u10d4\u10e0\u10d4\u10d1\u10d8 \u10d8\u10db\u10d8\u10e1 \u10d2\u10d0\u10db\u10dd, \u10e0\u10dd\u10db \u10d8\u10e1\u10d8\u10dc\u10d8 \u10e1\u10d0\u10d7\u10d0\u10dc\u10d0\u10d3\u10dd\u10d3 \u10d0\u10e0 \u10d7\u10d0\u10dc\u10d0\u10db\u10e8\u10e0\u10dd\u10db\u10da\u10dd\u10d1\u10d3\u10dc\u10d4\u10dc \u10d2\u10d0\u10db\u10dd\u10eb\u10d8\u10d4\u10d1\u10d0\u10e1\u10d7\u10d0\u10dc, \u10d2\u10d0\u10dc\u10e1\u10d0\u10d9\u10e3\u10d7\u10e0\u10d4\u10d1\u10e3\u10da\u10d8 \u10d9\u10e0\u10d8\u10e2\u10d8\u10d9\u10d8\u10e1 \u10dd\u10d1\u10d8\u10d4\u10e5\u10e2\u10d8 \u10d9\u10d8 \u10d1\u10dd\u10d1 \u10d3\u10d0\u10d8\u10db\u10dd\u10dc\u10d3\u10d8 \u10d2\u10d0\u10ee\u10d3\u10d0, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea \u10ea\u10e0\u10e3 \u10e9\u10d5\u10d4\u10dc\u10d4\u10d1\u10d4\u10d1\u10d8\u10e1 \u10db\u10d8\u10ea\u10d4\u10db\u10d0\u10e8\u10d8 \u10d0\u10db\u10ee\u10d8\u10da\u10d4\u10e1. <\/p>\n<p>25 \u10e1\u10d4\u10e5\u10e2\u10d4\u10db\u10d1\u10d4\u10e0\u10e1 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1 \u10d0\u10e1\u10dd\u10ea\u10d8\u10d0\u10ea\u10d8\u10d0 \u10d3\u10d0\u10d7\u10d0\u10dc\u10ee\u10db\u10d3\u10d0, \u10d0\u10e6\u10d0\u10e0 \u10d2\u10d0\u10dc\u10d4\u10ee\u10dd\u10e0\u10ea\u10d8\u10d4\u10da\u10d4\u10d1\u10d8\u10dc\u10d0 \u10da\u10d8\u10d1\u10dd\u10e0\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10d0\u10d3\u10db\u10d8\u10dc\u10d8\u10e1\u10e2\u10e0\u10d8\u10e0\u10d4\u10d1\u10d0. <\/p>\n<p>28 \u10e1\u10d4\u10e5\u10e2\u10d4\u10db\u10d1\u10d4\u10e0\u10e1 FSA-\u10d8\u10db \u10db\u10d8\u10d8\u10e6\u10d8 BBA-\u10d8\u10e1 \u10d4\u10e1 \u10d2\u10d0\u10dc\u10ea\u10ee\u10d0\u10d3\u10d4\u10d1\u10d0 \u10d3\u10d0 \u10d3\u10d0\u10d8\u10ec\u10dd \u10da\u10d8\u10d1\u10dd\u10e0\u10d8\u10e1 \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d0, \u10e0\u10dd\u10db\u10d4\u10da\u10d8\u10ea \u10e0\u10d4\u10e4\u10dd\u10e0\u10db\u10d8\u10e1 \u10db\u10d4\u10e0\u10d4 \u10e3\u10dc\u10d3\u10d0 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d8\u10e7\u10dd \u10e8\u10d4\u10d3\u10d4\u10d2\u10d4\u10d1\u10d8\u10e1 \u10d3\u10d0 \u10d0\u10e0\u10d0 \u10e1\u10d0\u10d1\u10d0\u10dc\u10d9\u10dd \u10db\u10dd\u10da\u10dd\u10d3\u10d8\u10dc\u10d4\u10d1\u10d8\u10e1 \u10d1\u10d0\u10d6\u10d0\u10d6\u10d4. \u10d0\u10db\u10d8\u10e1 \u10db\u10d4\u10e0\u10d4 \u10d9\u10d8\u10d3\u10d4\u10d5 \u10e0\u10d0\u10db\u10d3\u10d4\u10dc\u10d8\u10db\u10d4 \u10d0\u10d3\u10d0\u10db\u10d8\u10d0\u10dc\u10d8 \u10d3\u10d0\u10d8\u10ed\u10d8\u10e0\u10d4\u10e1 \u10da\u10d8\u10d1\u10dd\u10e0\u10d8\u10e1 \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. 19 \u10d3\u10d4\u10d9\u10d4\u10db\u10d1\u10d4\u10e0\u10e1 \u10d0\u10e8\u10e8-\u10d8\u10e1, \u10d3\u10d8\u10d3\u10d8 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1\u10d0 \u10d3\u10d0 \u10e8\u10d5\u10d4\u10d8\u10ea\u10d0\u10e0\u10d8\u10d8\u10e1 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10db\u10d0 \u10d3\u10d0\u10d0\u10ef\u10d0\u10e0\u10d8\u10db\u10d4\u10e1 \u10e8\u10d5\u10d4\u10d8\u10ea\u10d0\u10e0\u10e3\u10da\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8 UBS 1,5 \u10db\u10d8\u10da\u10d8\u10d0\u10e0\u10d3\u10d8 \u10d0\u10e8\u10e8 \u10d3\u10dd\u10da\u10d0\u10e0\u10d8\u10d7 LIBOR-\u10d8\u10e1 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d8 \u10db\u10d0\u10e5\u10d8\u10dc\u10d0\u10ea\u10d8\u10d4\u10d1\u10d8\u10e1 \u10d2\u10d0\u10db\u10dd. <\/p>\n<p><strong>2013 \u10ec\u10d4\u10da\u10d8<\/strong><\/p>\n<p>10 \u10d8\u10d0\u10dc\u10d5\u10d0\u10e0\u10e1 BBC-\u10d8\u10e1 \u10d1\u10d8\u10d6\u10dc\u10d4\u10e1-\u10e0\u10d4\u10d3\u10d0\u10e5\u10e2\u10dd\u10e0\u10d8, \u10e0\u10dd\u10d1\u10d4\u10e0\u10e2 \u10de\u10d4\u10e2\u10e1\u10dd\u10dc\u10d8 \u10d0\u10db\u10ee\u10d4\u10da\u10e1, \u10e0\u10dd\u10db RBS \u10d0\u10ec\u10d0\u10e0\u10db\u10dd\u10d4\u10d1\u10e1 \u10db\u10dd\u10da\u10d0\u10de\u10d0\u10e0\u10d0\u10d9\u10d4\u10d1\u10d4\u10d1\u10e1 \u10d3\u10d8\u10d3\u10d8 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10e1\u10d0 \u10d3\u10d0 \u10d0\u10e8\u10e8-\u10d8\u10e1 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10d7\u10d0\u10dc \u10ef\u10d0\u10e0\u10d8\u10db\u10d0\u10e1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. \u10df\u10e3\u10e0\u10dc\u10d0\u10da\u10d8\u10e1\u10e2\u10d8 \u10d0\u10e1\u10d4\u10d5\u10d4 \u10e1\u10d0\u10e3\u10d1\u10e0\u10dd\u10d1\u10e1 \u10e2\u10dd\u10de-\u10db\u10d4\u10dc\u10d4\u10ef\u10db\u10d4\u10dc\u10e2\u10e8\u10d8 \u10db\u10dd\u10e1\u10d0\u10da\u10dd\u10d3\u10dc\u10d4\u10da \u10d0\u10ee\u10d0\u10da \u10d2\u10d0\u10d3\u10d0\u10d3\u10d2\u10dd\u10db\u10d4\u10d1\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. <\/p>\n<p>17 \u10d8\u10d0\u10dc\u10d5\u10d0\u10e0\u10e1 Barclays \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10d0\u10ee\u10d0\u10da\u10d8 \u10ee\u10d4\u10da\u10db\u10eb\u10e6\u10d5\u10d0\u10dc\u10d4\u10da\u10d8, \u10d4\u10dc\u10e2\u10dd\u10dc\u10d8 \u10ef\u10d4\u10dc\u10d9\u10d8\u10dc\u10e1\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1 \u10e7\u10d5\u10d4\u10da\u10d0 \u10d7\u10d0\u10dc\u10d0\u10db\u10e8\u10e0\u10dd\u10db\u10d4\u10da\u10e1 \u10db\u10dd\u10e3\u10ec\u10dd\u10d3\u10d4\u10d1\u10e1, \u10d0\u10dc \u10d0\u10ee\u10d0\u10da \u10e1\u10d0\u10db\u10e3\u10e8\u10d0\u10dd \u10d9\u10dd\u10dc\u10e2\u10e0\u10d0\u10e5\u10e2\u10e1 \u10db\u10dd\u10d0\u10ec\u10d4\u10e0\u10dd\u10dc \u10ee\u10d4\u10da\u10d8 \u10d0\u10dc \u10d3\u10d0\u10e2\u10dd\u10d5\u10dd\u10dc \u10d7\u10d0\u10dc\u10d0\u10db\u10d3\u10d4\u10d1\u10dd\u10d1\u10d0, \u10d0\u10ee\u10d0\u10da\u10d8 \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10d4\u10d1\u10d8\u10e1 \u10d7\u10d0\u10d5\u10d8\u10d3\u10d0\u10dc \u10d0\u10e1\u10d0\u10ea\u10d8\u10da\u10d4\u10d1\u10da\u10d0\u10d3. <\/p>\n<p>2013 \u10ec\u10da\u10d8\u10e1 \u10dc\u10dd\u10d4\u10db\u10d1\u10e0\u10d8\u10e1\u10d7\u10d5\u10d8\u10e1 RBS, UBS, Rabobank \u10d3\u10d0 UK Broker ICAP \u10d0\u10e1\u10d4\u10d5\u10d4 \u10d3\u10d0\u10d0\u10ef\u10d0\u10e0\u10d8\u10db\u10d4\u10e1 \u10ef\u10d0\u10db\u10e8\u10d8 3.7 \u10db\u10d8\u10da\u10d8\u10d0\u10e0\u10d3\u10d8 \u10d0\u10e8\u10e8 \u10d3\u10dd\u10da\u10d0\u10e0\u10d8\u10d7, \u10d4\u10e1 \u10d7\u10d0\u10dc\u10ee\u10d0 \u10e8\u10d4\u10d8\u10eb\u10da\u10d4\u10d1\u10d0 \u10d9\u10d8\u10d3\u10d4\u10d5 \u10d2\u10d0\u10d8\u10d6\u10d0\u10e0\u10d3\u10dd\u10e1, \u10e0\u10d0\u10d3\u10d2\u10d0\u10dc \u10d3\u10d0\u10d6\u10d0\u10e0\u10d0\u10da\u10d4\u10d1\u10e3\u10da\u10d8 \u10d9\u10da\u10d8\u10d4\u10dc\u10e2\u10d4\u10d1\u10d8 \u10d3\u10d0 \u10d8\u10dc\u10d5\u10d4\u10e1\u10e2\u10dd\u10e0\u10d4\u10d1\u10d8 \u10d9\u10d5\u10da\u10d0\u10d5 \u10d2\u10d0\u10dc\u10d0\u10d2\u10e0\u10eb\u10dd\u10d1\u10d4\u10dc \u10e9\u10d8\u10d5\u10d8\u10da\u10e1 \u10e1\u10d0\u10e1\u10d0\u10db\u10d0\u10e0\u10d7\u10da\u10dd\u10e8\u10d8 \u10d0\u10db \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1 \u10ec\u10d8\u10dc\u10d0\u10d0\u10e6\u10db\u10d3\u10d4\u10d2. \u10d0\u10db\u10d0\u10e1\u10d7\u10d0\u10dc\u10d0\u10d5\u10d4, \u10d4\u10d5\u10e0\u10dd\u10de\u10e3\u10da\u10d8 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10d8 \u10d0\u10de\u10d8\u10e0\u10d4\u10d1\u10d4\u10dc, \u10d3\u10d0\u10d0\u10ef\u10d0\u10e0\u10d8\u10db\u10dd\u10dc 6 \u10db\u10e1\u10ee\u10d5\u10d8\u10da\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8\u10ea Deutsche Bank, JP Morgan, HSBC, RBS, Credit Agricole, Societe Generale. \u10d0\u10db\u10d8\u10e1 \u10d2\u10d0\u10e0\u10d3\u10d0, \u10db\u10d8\u10db\u10d3\u10d8\u10dc\u10d0\u10e0\u10d4\u10dd\u10d1\u10e1 \u10e0\u10d0\u10db\u10d3\u10d4\u10dc\u10d8\u10db\u10d4 \u10db\u10e1\u10ee\u10d5\u10d8\u10da\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8\u10e1\u10d0 \u10d3\u10d0 \u10e2\u10e0\u10d4\u10d8\u10d3\u10d4\u10e0\u10d8\u10e1 \u10e1\u10d0\u10e5\u10db\u10d8\u10e1 \u10e8\u10d4\u10e1\u10ec\u10d0\u10d5\u10da\u10d0\u10ea. <\/p>\n<p><strong>\u10e0\u10dd\u10d2\u10dd\u10e0 \u10db\u10dd\u10e5\u10db\u10d4\u10d3\u10d4\u10d1\u10e1 LIBOR \u10d2\u10da\u10dd\u10d1\u10d0\u10da\u10e3\u10e0 \u10e1\u10d4\u10e1\u10ee\u10d4\u10d1\u10d6\u10d4<\/strong><\/p>\n<p>\u10d1\u10d4\u10d5\u10e0\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8 \u10db\u10e1\u10dd\u10e4\u10da\u10d8\u10dd\u10e8\u10d8 \u10d8\u10e7\u10d4\u10dc\u10d4\u10d1\u10e1 LIBOR \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10e1 \u10d8\u10db\u10d8\u10e1\u10d0\u10d7\u10d5\u10d8\u10e1, \u10e0\u10dd\u10db \u10d3\u10d0\u10d0\u10d3\u10d2\u10d8\u10dc\u10dd\u10e1 \u10d9\u10dd\u10e0\u10de\u10dd\u10e0\u10d0\u10e2\u10d8\u10e3\u10da\u10d8 \u10d3\u10d0 \u10e1\u10d0\u10db\u10dd\u10db\u10ee\u10db\u10d0\u10e0\u10d4\u10d1\u10da\u10dd \u10e1\u10d0\u10e1\u10d4\u10e1\u10ee\u10dd \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8. \u10d2\u10d0\u10e0\u10d3\u10d0 \u10d0\u10db\u10d8\u10e1\u10d0, \u10d0\u10e1\u10dd\u10d1\u10d8\u10d7 \u10db\u10d8\u10da\u10d8\u10d0\u10e0\u10d3\u10d8 \u10d3\u10dd\u10da\u10d0\u10e0\u10d8\u10e1 \u10e4\u10d0\u10e1\u10d8\u10d0\u10dc\u10d8 \u10e5\u10d0\u10e6\u10d0\u10da\u10d3\u10d4\u10d1\u10d8 \u10d3\u10d0 \u10e1\u10d0\u10e8\u10d8\u10dc\u10d0\u10dd \u10d3\u10d0 \u10e1\u10d0\u10d2\u10d0\u10e0\u10d4\u10dd \u10e1\u10d4\u10e1\u10ee\u10d4\u10d1\u10d8 \u10db\u10d8\u10d1\u10db\u10e3\u10da\u10d8\u10d0 LIBOR \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d6\u10d4. \u10e0\u10dd\u10d3\u10d4\u10e1\u10d0\u10ea LIBOR \u10d8\u10d6\u10e0\u10d3\u10d4\u10d1\u10d0, \u10e1\u10d4\u10e1\u10ee\u10d4\u10d1\u10d6\u10d4 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8 \u10d3\u10d0 \u10d2\u10d0\u10d3\u10d0\u10e1\u10d0\u10ee\u10d0\u10d3\u10d8, \u10e0\u10dd\u10d2\u10dd\u10e0\u10ea \u10ec\u10d4\u10e1\u10d8, \u10d8\u10d6\u10e0\u10d3\u10d4\u10d1\u10d0 \u10d3\u10d0 \u10db\u10ea\u10d8\u10e0\u10d3\u10d4\u10d1\u10d0, \u10e0\u10dd\u10d3\u10d4\u10e1\u10d0\u10ea LIBOR \u10db\u10ea\u10d8\u10e0\u10d3\u10d4\u10d1\u10d0. \u10d0\u10db\u10d0\u10e1\u10d7\u10d0\u10dc\u10d0\u10d5\u10d4,  LIBOR \u10d2\u10d0\u10db\u10dd\u10d8\u10e7\u10d4\u10dc\u10d4\u10d1\u10d0 \u10d8\u10de\u10dd\u10d7\u10d4\u10d9\u10e3\u10e0\u10d8 \u10d3\u10d0 \u10e1\u10d0\u10e1\u10ec\u10d0\u10d5\u10da\u10dd \u10e1\u10d4\u10e1\u10ee\u10d4\u10d1\u10d8\u10e1 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10d8\u10e1\u10d0\u10e1, \u10d0\u10e1\u10d4\u10d5\u10d4 \u10d8\u10e1 \u10d0\u10e0\u10d8\u10e1 \u10e1\u10d0\u10d1\u10d0\u10d6\u10d8\u10e1\u10dd \u10dc\u10d8\u10e8\u10dc\u10e3\u10da\u10d8 \u10db\u10e1\u10dd\u10e4\u10da\u10d8\u10dd\u10e1 \u10db\u10d7\u10d0\u10d5\u10d0\u10e0\u10d8 \u10dd\u10de\u10ea\u10d8\u10dd\u10dc\u10e3\u10e0\u10d8 \u10d3\u10d0 \u10e4\u10d8\u10e3\u10e9\u10d4\u10e0\u10e1\u10e3\u10da\u10d8 \u10d9\u10dd\u10dc\u10e2\u10e0\u10d0\u10e5\u10e2\u10d4\u10d1\u10d8\u10e1 \u10d3\u10d0\u10d3\u10d4\u10d1\u10d8\u10e1\u10d0\u10e1. <\/p>\n<p><strong>\u10e0\u10d0\u10e2\u10dd\u10db \u10db\u10d0\u10dc\u10d8\u10de\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10d4\u10dc \u10e2\u10e0\u10d4\u10d8\u10d3\u10d4\u10e0\u10d4\u10d1\u10d8 LIBOR-\u10d8\u10d7?<\/strong><\/p>\n<p>Barclays \u10d3\u10d0 15 \u10e1\u10ee\u10d5\u10d0 \u10e1\u10d0\u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10dd \u10d8\u10dc\u10e1\u10e2\u10d8\u10e2\u10e3\u10e2\u10d8 \u10e1\u10d0\u10d2\u10d0\u10db\u10dd\u10eb\u10d8\u10d4\u10d1\u10dd \u10de\u10e0\u10dd\u10ea\u10d4\u10e1\u10d8\u10e1 \u10e1\u10d0\u10db\u10d8\u10d6\u10dc\u10d4 \u10d8\u10e7\u10dd, \u10d2\u10d0\u10db\u10dd\u10eb\u10d8\u10d4\u10d1\u10d0\u10e1 \u10e1\u10ee\u10d5\u10d0\u10d3\u10d0\u10e1\u10ee\u10d5\u10d0 \u10e5\u10d5\u10d4\u10e7\u10dc\u10d4\u10d1\u10d8\u10e1 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10d8 \u10d4\u10e0\u10d7\u10d0\u10d3 \u10ec\u10d0\u10e0\u10db\u10d0\u10e0\u10d7\u10d0\u10d5\u10d3\u10d0\u10d3\u10dc\u10d4\u10dc, \u10db\u10d0\u10d7 \u10e8\u10dd\u10e0\u10d8\u10e1, \u10d3\u10d8\u10d3\u10d8 \u10d1\u10e0\u10d8\u10e2\u10d0\u10dc\u10d4\u10d7\u10d8\u10d3\u10d0\u10dc, \u10d0\u10e8\u10e8-\u10d3\u10d0\u10dc, \u10e8\u10d5\u10d4\u10d8\u10ea\u10d0\u10e0\u10d8\u10d8\u10d3\u10d0\u10dc, \u10d9\u10d0\u10dc\u10d0\u10d3\u10d8\u10d3\u10d0\u10dc \u10d3\u10d0 \u10d8\u10d0\u10de\u10dd\u10dc\u10d8\u10d8\u10d3\u10d0\u10dc. \u10d2\u10d0\u10db\u10dd\u10eb\u10d8\u10d4\u10d1\u10d8\u10e1 \u10db\u10d7\u10d0\u10d5\u10d0\u10e0\u10d8 \u10d7\u10d4\u10db\u10d0 LIBOR-\u10d7\u10d0\u10dc \u10d3\u10d0\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d8 \u10db\u10d0\u10e5\u10d8\u10dc\u10d0\u10ea\u10d8\u10d4\u10d1\u10d8 \u10d8\u10e7\u10dd 2005-2009 \u10ec\u10da\u10d4\u10d1\u10e8\u10d8. \u10db\u10d0\u10dc\u10d8\u10de\u10e3\u10da\u10d0\u10e2\u10dd\u10e0\u10d4\u10d1\u10d8\u10e1 \u10db\u10d7\u10d0\u10d5\u10d0\u10e0\u10d8 \u10db\u10d8\u10d6\u10d0\u10dc\u10d8, \u10e0\u10d0 \u10d7\u10e5\u10db\u10d0 \u10e3\u10dc\u10d3\u10d0, \u10d0\u10e0\u10d0\u10da\u10d4\u10d2\u10d0\u10da\u10e3\u10e0\u10d8 \u10d2\u10d6\u10d4\u10d1\u10d8\u10d7 \u10db\u10dd\u10d2\u10d4\u10d1\u10d8\u10e1 \u10db\u10d8\u10e6\u10d4\u10d1\u10d0 \u10d8\u10e7\u10dd. \u10db\u10dd\u10d2\u10d4\u10d1\u10d0 \u10d9\u10d8 \u10e4\u10d8\u10e3\u10e9\u10d4\u10e0\u10e1\u10e3\u10da\u10d8 \u10d3\u10d0 \u10dd\u10de\u10ea\u10d8\u10dd\u10dc\u10e3\u10e0\u10d8 \u10d9\u10dd\u10dc\u10e2\u10e0\u10d0\u10e5\u10e2\u10d4\u10d1\u10d8\u10e1 \u10d3\u10d0\u10d3\u10d4\u10d1\u10d8\u10e1 \u10d3\u10e0\u10dd\u10e1, \u10ee\u10d4\u10da\u10dd\u10d5\u10dc\u10e3\u10e0\u10d0\u10d3 \u10e4\u10dd\u10e0\u10db\u10d8\u10e0\u10d4\u10d1\u10e3\u10da\u10d8 LIBOR \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8\u10e1 \u10ee\u10d0\u10e0\u10ef\u10d6\u10d4 \u10db\u10d8\u10d8\u10e6\u10d4\u10d1\u10dd\u10d3\u10d0. <\/p>\n<p>2007-2008 \u10ec\u10da\u10d4\u10d1\u10e8\u10d8 \u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10e3\u10e0 \u10e1\u10d4\u10e5\u10e2\u10dd\u10e0\u10e8\u10d8 \u10e0\u10d8\u10e1\u10d9\u10d8\u10e1 \u10d3\u10dd\u10dc\u10d4 \u10d2\u10d0\u10d6\u10e0\u10d3\u10d8\u10da\u10d8 \u10d8\u10e7\u10dd. \u10e0\u10d0\u10ea \u10d8\u10db\u10d0\u10e1 \u10dc\u10d8\u10e8\u10dc\u10d0\u10d5\u10e1, \u10e0\u10dd\u10db \u10e3\u10dc\u10d3\u10d0 \u10d2\u10d0\u10d6\u10e0\u10d3\u10d8\u10da\u10d8\u10e7\u10dd LIBOR \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8, \u10db\u10d0\u10d2\u10e0\u10d0\u10db \u10db\u10d0\u10e5\u10d8\u10dc\u10d0\u10ea\u10d8\u10d4\u10d1\u10e8\u10d8 \u10e9\u10d0\u10e0\u10d7\u10e3\u10da\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8 \u10ee\u10d4\u10da\u10dd\u10d5\u10dc\u10e3\u10e0\u10d0\u10d3 \u10d0\u10db\u10ea\u10d8\u10e0\u10d3\u10d4\u10d1\u10d3\u10dc\u10d4\u10dc \u10d0\u10db \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10e1, \u10d8\u10db\u10d8\u10e1\u10d0\u10d7\u10d5\u10d8\u10e1, \u10e0\u10dd\u10db \u10d9\u10da\u10d8\u10d4\u10dc\u10e2\u10d4\u10d1\u10d8\u10e1\u10d0 \u10d3\u10d0 \u10d8\u10dc\u10d5\u10d4\u10e1\u10e2\u10dd\u10e0\u10d4\u10d1\u10d8\u10e1\u10d0\u10d7\u10d5\u10d8\u10e1 \u10db\u10d0\u10e6\u10d0\u10da\u10d8 \u10e0\u10d8\u10e1\u10d9\u10d8\u10e1 \u10e1\u10d0\u10e4\u10e0\u10d7\u10ee\u10d4 &#8221;\u10d3\u10d0\u10d4\u10db\u10d0\u10da\u10d0\u10d7&#8221;. \u10d6\u10dd\u10d2\u10d8\u10d4\u10e0\u10d7\u10d8 \u10d1\u10d0\u10dc\u10d9\u10d8 (\u10db\u10d0\u10d2\u10d0\u10da\u10d8\u10d7\u10d0\u10d3 RBS \u10d3\u10d0 UBS) \u10d8\u10e1\u10d4 \u10e8\u10dd\u10e0\u10e1 \u10ec\u10d0\u10d5\u10d8\u10d3\u10d0, \u10e0\u10dd\u10db \u10db\u10d0\u10e6\u10d0\u10da \u10d1\u10dd\u10dc\u10e3\u10e1\u10d4\u10d1\u10e1\u10d0\u10ea \u10e3\u10ee\u10d3\u10d8\u10d3\u10d0 \u10d8\u10db \u10e2\u10e0\u10d4\u10d8\u10d3\u10d4\u10e0\u10d4\u10d1\u10e1 \u10d9\u10dd\u10db\u10de\u10d0\u10dc\u10d8\u10d8\u10e1 \u10e8\u10d8\u10d2\u10dc\u10d8\u10d7, \u10d5\u10d8\u10dc\u10ea \u10d3\u10d0\u10d7\u10d0\u10dc\u10ee\u10db\u10d3\u10d4\u10d1\u10dd\u10d3\u10d0 \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8\u10d7 \u10ee\u10d4\u10da\u10dd\u10d5\u10dc\u10e3\u10e0 \u10db\u10d0\u10dc\u10d8\u10de\u10e3\u10da\u10d0\u10ea\u10d8\u10d4\u10d1\u10e8\u10d8 \u10e9\u10d0\u10e0\u10d7\u10e3\u10da\u10d8\u10e7\u10dd. <\/p>\n<p>\u10e0\u10d0 \u10d2\u10d0\u10d5\u10da\u10d4\u10dc\u10d0\u10e1 \u10d0\u10e5\u10d5\u10e1 LIBOR-\u10d8\u10e1 \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10e1 \u10d2\u10da\u10dd\u10d1\u10d0\u10da\u10e3\u10e0 \u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10e3\u10e0 \u10d1\u10d0\u10d6\u10e0\u10d4\u10d1\u10d6\u10d4?<br \/>\n\u10d4\u10e1 \u10e1\u10d9\u10d0\u10dc\u10d3\u10d0\u10da\u10d8 \u10db\u10d7\u10da\u10d8\u10d0\u10dc\u10d0\u10d3 \u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10e3\u10e0\u10d8 \u10e1\u10d0\u10db\u10e7\u10d0\u10e0\u10dd\u10e1 \u10e0\u10d4\u10de\u10e3\u10e2\u10d0\u10ea\u10d8\u10d0\u10e1 \u10d3\u10d0 \u10db\u10d8\u10e1 \u10db\u10d8\u10db\u10d0\u10e0\u10d7 \u10dc\u10d3\u10dd\u10d1\u10d0\u10e1 \u10d0\u10db\u10ea\u10d8\u10e0\u10d4\u10d1\u10e1, \u10e0\u10d0\u10d3\u10d2\u10d0\u10dc, \u10e0\u10dd\u10d2\u10dd\u10e0\u10ea \u10d6\u10d4\u10db\u10dd\u10d7 \u10d0\u10e6\u10d5\u10dc\u10d8\u10e8\u10dc\u10d4\u10d7, \u10d1\u10d4\u10d5\u10e0\u10d8 \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8 LIBOR-\u10d8\u10e1 \u10d1\u10d0\u10d6\u10d0\u10d6\u10d4\u10d0 \u10d2\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10e3\u10da\u10d8. \u10d2\u10d0\u10db\u10dd\u10d3\u10d8\u10e1, \u10e0\u10dd\u10db \u10e2\u10e0\u10d8\u10da\u10d8\u10dd\u10dc\u10dd\u10d1\u10d8\u10d7 \u10d3\u10dd\u10da\u10d0\u10e0\u10d8\u10e1 \u10d9\u10dd\u10dc\u10e2\u10e0\u10d0\u10e5\u10e2\u10d8 \u10d0\u10e0\u10d0\u10e1\u10ec\u10dd\u10e0\u10d8 \u10e1\u10d0\u10de\u10e0\u10dd\u10ea\u10d4\u10dc\u10e2\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d4\u10d1\u10d8\u10d7\u10d0\u10d0 \u10d3\u10d0\u10d3\u10d4\u10d1\u10e3\u10da\u10d8. \u10db\u10dd\u10e1\u10d0\u10da\u10dd\u10d3\u10dc\u10d4\u10da\u10d8\u10d0, \u10e0\u10dd\u10db \u10ef\u10d0\u10db\u10e3\u10e0\u10d8 \u10d7\u10d0\u10dc\u10ee\u10d0, \u10e0\u10dd\u10db\u10da\u10d8\u10e1 \u10d2\u10d0\u10d3\u10d0\u10ee\u10d3\u10d0\u10ea 16 \u10e3\u10db\u10e1\u10ee\u10d5\u10d8\u10da\u10d4\u10e1 \u10d1\u10d0\u10dc\u10d9\u10e1 \u10db\u10dd\u10e3\u10ec\u10d4\u10d5\u10e1, \u10d9\u10da\u10d8\u10d4\u10dc\u10e2\u10d4\u10d1\u10d8\u10e1, \u10d8\u10dc\u10d5\u10d4\u10e1\u10e2\u10dd\u10e0\u10d4\u10d1\u10d8\u10e1\u10d0 \u10d3\u10d0 \u10db\u10d0\u10e0\u10d4\u10d2\u10e3\u10da\u10d8\u10e0\u10d4\u10d1\u10da\u10d4\u10d1\u10d8\u10e1\u10d0\u10d7\u10d5\u10d8\u10e1, \u10ef\u10d0\u10db\u10e8\u10d8, 35 \u10db\u10d8\u10da\u10d8\u10d0\u10e0\u10d3 \u10d3\u10dd\u10da\u10d0\u10e0\u10e1 \u10d2\u10d0\u10d3\u10d0\u10d0\u10ed\u10d0\u10e0\u10d1\u10d4\u10d1\u10e1, \u10e0\u10d0\u10ea \u10db\u10dd\u10db\u10d0\u10d5\u10d0\u10da\u10e8\u10d8 \u10d0\u10db \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1 \u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10e3\u10e0 \u10db\u10d3\u10d2\u10e0\u10d0\u10d3\u10dd\u10d1\u10d0\u10e1\u10d0 \u10d3\u10d0 \u10da\u10d8\u10d9\u10d5\u10d8\u10d3\u10e3\u10e0\u10dd\u10d1\u10d0\u10e1 \u10d4\u10ed\u10d5\u10e5\u10d5\u10d4\u10e8 \u10d0\u10e7\u10d4\u10dc\u10d4\u10d1\u10e1. \u10d0\u10db \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8\u10e1 \u10db\u10d0\u10e1\u10e8\u10e2\u10d0\u10d1\u10d4\u10d1\u10d8\u10d3\u10d0\u10dc \u10d2\u10d0\u10db\u10dd\u10db\u10d3\u10d8\u10dc\u10d0\u10e0\u10d4 \u10d9\u10d8, \u10d4\u10e1 \u10db\u10dd\u10db\u10d0\u10d5\u10d0\u10da\u10e8\u10d8 \u10e4\u10d8\u10dc\u10d0\u10dc\u10e1\u10e3\u10e0 \u10e1\u10d4\u10e5\u10e2\u10dd\u10e0\u10e1 \u10d3\u10d0 \u10db\u10d7\u10d0\u10d5\u10e0\u10dd\u10d1\u10d4\u10d1\u10e1 \u10d9\u10d8\u10d3\u10d4\u10d5 \u10e3\u10e4\u10e0\u10dd \u10d3\u10d8\u10d3 \u10de\u10e0\u10dd\u10d1\u10da\u10d4\u10db\u10d4\u10d1\u10e1 \u10e8\u10d4\u10e3\u10e5\u10db\u10dc\u10d8\u10e1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u10db\u10dd\u10d0\u10db\u10d6\u10d0\u10d3\u10d0 \u10db\u10d0\u10d9\u10d0 \u10e6\u10d0\u10dc\u10d8\u10d0\u10e8\u10d5\u10d8\u10da\u10db\u10d0 LIBOR-\u10d8\u10e1 (London Interbank Offered Rate) \u10d2\u10d0\u10e0\u10e8\u10d4\u10db\u10dd \u10db\u10d8\u10d7\u10e5\u10db\u10d0-\u10db\u10dd\u10d7\u10e5\u10db\u10d0 \u10d0\u10e0 \u10ec\u10e7\u10d3\u10d4\u10d1\u10d0. LIBOR &#8211; \u10d0\u10dc\u10e3 \u10d1\u10d0\u10dc\u10d9\u10d7\u10d0\u10e8\u10dd\u10e0\u10d8\u10e1\u10d8 \u10d9\u10e0\u10d4\u10d3\u10d8\u10e2\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d0\u10e8\u10e3\u10d0\u10da\u10dd \u10d2\u10d0\u10dc\u10d0\u10d9\u10d5\u10d4\u10d7\u10d8, \u10d3\u10e6\u10d4\u10db\u10d3\u10d4<\/p>\n","protected":false},"author":2,"featured_media":6587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u10e0\u10dd\u10d2\u10dd\u10e0 \u10d0\u10e2\u10e7\u10e3\u10d4\u10d1\u10d3\u10dc\u10d4\u10dc \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8 \u10d9\u10da\u10d8\u10d4\u10dc\u10e2\u10d4\u10d1\u10e1 - \u10e1\u10d0\u10e5\u10d0\u10e0\u10d7\u10d5\u10d4\u10da\u10dd\u10e1 \u10d4\u10d9\u10dd\u10dc\u10dd\u10db\u10d8\u10d9\u10d0<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/geoeconomics.ge\/?p=6586\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u10e0\u10dd\u10d2\u10dd\u10e0 \u10d0\u10e2\u10e7\u10e3\u10d4\u10d1\u10d3\u10dc\u10d4\u10dc \u10d1\u10d0\u10dc\u10d9\u10d4\u10d1\u10d8 \u10d9\u10da\u10d8\u10d4\u10dc\u10e2\u10d4\u10d1\u10e1 - \u10e1\u10d0\u10e5\u10d0\u10e0\u10d7\u10d5\u10d4\u10da\u10dd\u10e1 \u10d4\u10d9\u10dd\u10dc\u10dd\u10db\u10d8\u10d9\u10d0\" \/>\n<meta property=\"og:description\" content=\"\u10db\u10dd\u10d0\u10db\u10d6\u10d0\u10d3\u10d0 \u10db\u10d0\u10d9\u10d0 \u10e6\u10d0\u10dc\u10d8\u10d0\u10e8\u10d5\u10d8\u10da\u10db\u10d0 LIBOR-\u10d8\u10e1 (London Interbank Offered Rate) \u10d2\u10d0\u10e0\u10e8\u10d4\u10db\u10dd \u10db\u10d8\u10d7\u10e5\u10db\u10d0-\u10db\u10dd\u10d7\u10e5\u10db\u10d0 \u10d0\u10e0 \u10ec\u10e7\u10d3\u10d4\u10d1\u10d0. 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