The 1-Month Eurodollar LIBOR Rate Rose On The Week
The 1-Month Eurodollar LIBOR rate rose on the week, while the 6- and 12-month rates eased. The 3-month rate was unchanged.
On the day, the 1-year rate edged higher, while the 1-, 3- and 6-month rates pushed 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.
On the day, the 1-year rate edged higher, while the 1-, 3- and 6-month rates pushed 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.
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posted by Steve Brown | Friday, March 15, 2013
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