The 1-Month Eurodollar LIBOR Rate Moved Higher On Both The Day and The Week
The 1-month Eurodollar LIBOR rate moved higher on the week, while the 3-, 6- and 12-month rates waned.
On the day, the 1-month rate rose, while the 6- and 12-month rates fixed lower. The 3-month rate was unchanged.
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.
On the day, the 1-month rate rose, while the 6- and 12-month rates fixed lower. The 3-month rate was unchanged.
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.
Labels: libor
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posted by Steve Brown | Friday, February 22, 2013
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