U.S. Dollar (Eurodollar) LIBOR Rates

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

Friday, April 29, 2011

The 1-, 3-, 6- and 12-Month Eurodollar LIBOR Rates All Declined On the Week

The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all declined on the week. No LIBOR news on the day, as UK banks were closed for the Royal Wedding Bank Holiday.

image courtesy: The Wall Street Journal
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 figures.

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.

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