The Three-Month Eurodollar LIBOR Rate Slid Lower Today

The three-month Eurodollar LIBOR rate eased today; the one-, six- and twelve-month rates were static.


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.