U.S. Dollar (Eurodollar) LIBOR Rates

The London Interbank Offered Rate (LIBOR)
from the interest-rate specialists at www.FedPrimeRate.comSM

Wednesday, October 22, 2008

The 1-, 3-, 6- and 12-Month Eurodollar LIBOR Rates Fixed Lower Today, Extending An 8-Day Downward Streak

The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all eased again today, extending the downward trend which began on Monday, October 13, 2008.

The TED spread is now 2.53125 percentage points; it was 2.76375 yesterday and 3.62875 last Friday. A TED spread of 1.00 percentage point or lower is considered within the normal range.


Image courtesy The Wall Street Journal.

A Eurodollar is a U.S. dollar deposited in any bank outside the United States, and therefore not subject to regulation by the U.S. Federal Reserve. U.S. dollars deposited in a London bank are Eurodollars, as are U.S. dollars deposited in a bank in Hong Kong.

Click here for historical LIBOR values.

Click here for a chart that compares American benchmark rates to LIBOR.

Labels: ,

--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

0 Comments:

Post a Comment

<< Home




FedPrimeRate.com
bing

bing


SCAMS!

FedPrimeRate.com
Entire Website © 1999 - 2025 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.