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Tuesday, April 3, 2012

The Three- and Six-Month Eurodollar LIBOR Rates Rose Today

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

image courtesy: The Wall Street Journal
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.

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