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.
Here are the averages for key LIBOR yields from October 1 through October 17, 2008:
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.
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.
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| LIBOR |
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.
Labels: libor, TED_spread
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posted by Steve Brown | Friday, October 24, 2008
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