The One-, Six- and Twelve-Month Eurodollar LIBOR Rates Sank Lower On The Week

The one-, six- and twelve-month Eurodollar LIBOR rates eased on the week, while the three-month rate edged higher.

On the day, the one-, three-, six- and twelve-month rates were all static.


Image courtesy: WSJ 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.