U.S. Dollar (Eurodollar) LIBOR Rates

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

Friday, October 24, 2008

The 1-, 3- and 6-Month Eurodollar LIBOR Rates Eased Today

The 1-, 3- and 6-month Eurodollar LIBOR rates eased today.

The TED spread is now 2.67625 percentage points; it was 2.565 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
Image courtesy The Wall Street Journal.

Here are the averages for key LIBOR yields from October 1 through October 17, 2008:

  • Average 1-Month LIBOR: 4.27923
  • Average 3-Month LIBOR: 4.48087
  • Average 6-Month LIBOR: 4.17904
  • Average 1-Year LIBOR: 4.04154

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.

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