U.S. Dollar (Eurodollar) LIBOR Rates

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

Monday, June 15, 2009

The Three-, Six- and Twelve-Month Eurodollar LIBOR Rates Declined Today

The three-, six- and twelve-month Eurodollar LIBOR rates sank lower today, while the 1-month rate edged slightly higher. The 3-month TED spread was unchanged.

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


Right now, the yield on the 13-week U.S. Treasury Bill is 0.155%. Therefore, the 3-month TED spread is currently 0.45938 percentage point; it was 0.45938 last Friday and 4.60875 on October 10, 2008 during the peak of the global credit crisis.

For the 3-month TED spread, a figure between zero and 0.50 percentage point (0.50 percentage point = 50 basis points) is a strong indication that large, international banks are lending money to each other with confidence.


A Eurodollar is a U.S. dollar deposited in any bank outside the United States.

Click here for historical LIBOR values.

Click here for a chart comparing LIBOR to the Prime Rate and the target fed funds rate.

Click here to read about how U.S. Dollar LIBOR fixing works.

Labels: ,

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

>  SITEMAP  <

0 Comments:

Post a Comment

<< Home




FedPrimeRate.com
bing

bing

Entire website copyright © 2024 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.