The 1-Month Eurodollar LIBOR Rate Edged Lower Today
The 1-month Eurodollar LIBOR rate edged lower today, while the 12-month rate climbed higher. The 3- and 6-month rates held steady.
Image courtesy: Wall Street Journal Online
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.
Image courtesy: Wall Street Journal Online
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: libor
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posted by Steve Brown | Tuesday, March 22, 2011
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