1-, 3-, 6- and 12-month Eurodollar LIBOR Rates All Declined Today
The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all declined again today, continuing the week's downward trend.
The TED spread is now 2.8125 percentage points; it was 2.84 yesterday and 2.67625 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 Israel.
Click here for historical LIBOR values.
Click here for a chart that compares American benchmark rates to LIBOR.
The TED spread is now 2.8125 percentage points; it was 2.84 yesterday and 2.67625 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 Israel.
Click here for historical LIBOR values.
Click here for a chart that compares American benchmark rates to LIBOR.
Labels: libor, TED_spread
|
--> www.FedPrimeRate.com Privacy Policy <--
> SITEMAP < |
posted by Steve Brown | Thursday, October 30, 2008
0 Comments:
Post a Comment
<< Home