How do I add a custom LIBOR Index?

To use the LIBOR Index in new transaction, add a custom index on the Index tab in Administration with the data provided below.

Index Name Enter a custom LIBOR Index name
Rate Description Select: the average of interbank offered rates for one-year U.S. dollar-denominated deposits in the London market (""LIBOR"")
As Of Select: the first business day of
Source Select: published daily in the Wall Street Journal
LIBOR rate Select this check box.