The 3- and 6-Month Eurodollar LIBOR Rates Slid Lower Today

The 3- and 6-month Eurodollar LIBOR rates sank lower today, while the 12-month rate rose and the 1-month rate 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 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.