The 3- and 12-Month Eurodollar LIBOR Rates Edged Higher Today

The 3- and 12-month Eurodollar LIBOR rates edged higher today, while the 1- and 6-month rates were static.


Image courtesy: WSJ Online

A Eurodollar is a U.S. dollar deposited in any bank outside the United States.

Click here for Eurodollar LIBOR history.

Click here for a chart comparing LIBOR to US Prime and the target fed funds rate.

Click here to read about how U.S. Dollar LIBOR fixing works.