Key Eurodollar LIBOR Rate Moved Lower On The Week
The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all sank lower on the week.
On the day, the 1-month rate was static, while the 3-, 6- and 12-month rates fixed lower.
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 was static, while the 3-, 6- and 12-month rates fixed lower.
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, March 08, 2013
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