So you're saying that there's a "unique" LIBOR curve, which is built off from the LIBOR rates of various tenors?If that's the case, why do people say "3M discounting" or "1M discounting" instead of "the" LIBOR discounting?

<t>I'm new to the quant finance and have a very basic question about LIBOR curve.LIBOR is published every day for 4 different tenors (1M, 3M, 6M, 1Y), and each rate means how much annual interest should be paid when leading banks borrow money from another.In my understanding, there should be a uniqu...