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Thursday, April 12, 2012

The Three-, Six- and Twelve-Month Eurodollar LIBOR Rates Dropped Today

The three-, six- and twelve-month Eurodollar LIBOR rates fell today, while the one-month rate was static.

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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