The Three-, Six- and Twelve-Month Eurodollar LIBOR Rates Slipped Lower On The Week

The one-month Eurodollar LIBOR rate was unchanged all week, while, during the same period, the three-, six- and twelve-month rates slid lower.

On the day, the one-year rate edged higher, while the one-, three- and six-month rates moved sideways.


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.