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Tuesday, April 17, 2012

The Six- and Twelve-Month Eurodollar LIBOR Rates Fixed Lower Today

The six- and twelve-month Eurodollar LIBOR rates waned today, while the one- and three-month rates held steady.

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

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

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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