The Three- and Twelve-Month Eurodollar LIBOR Rates Rose On The Week

The three- and twelve-month Eurodollar LIBOR rates stepped higher on the week, while the one- and six-month rates moved sideways.

No LIBOR news on the day, as UK banks were closed for the Good Friday bank holiday.


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.