Current and Historical
U.S. Dollar (Eurodollar) LIBOR Rates

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

Wednesday, March 18, 2009

The One-, Three-, Six- and Twelve-Month Eurodollar LIBOR Yields All Eased Today

The one-, three-, six- and twelve-month Eurodollar LIBOR yields all eased today.

image courtesy: The Wall Street Journal
Image courtesy The Wall Street Journal.

Right now, the yield on the 91-day U.S. Treasury Bill is 0.205%. Therefore, the TED spread is currently 1.0825 percentage point; it was 1.07438 yesterday, 1.12563 last Friday and 4.34 on October 15, 2008. For the TED spread, a figure between zero and 50 basis points (50 basis points = 0.50 percentage point) is a strong indication that the international banking system is functioning normally.

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 e.g. Thailand.

Click here for historical LIBOR values.

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

Labels: ,

>  SITEMAP  <

Links to this post:

Create a Link

<< Home





FedPrimeRate.com
Entire website copyright © 2017 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.