The contracts settle to the three-month London inter-bank offered rate for the pound, which averaged about 15 basis points more than the BOE's benchmark for the past decade.

这个英镑汇率期货合同为三个月伦敦银行同业的汇率平均比过去十年的基准大概平均上涨15基准点。

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But regulators around the world suspect that LIBOR (the London inter-bank offered rate), a financial benchmark that is set every day by collating these estimates, has been subject to manipulation.

但世界各地的监管机构怀疑伦敦银行间拆放款利率，这一根据估算结果而每天确立的金融基准涉嫌操纵。

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Mr Coogan warned that the bank's efforts had yet to have much effect on the London Inter-Bank Offered Rate (Libor), the main interest rate governing the cost of lending between banks.

BBC: Mortgage lending hits 33-year low

The FSA found evidence that Barclays, sometimes working with staff at other banks, had tried to manipulate Libor (the London Inter-Bank Offered Rate) and its European equivalent Euribor between 2005 and 2009.

BBC: Bank inquiry launched after Libor rate-rigging scandal