The 1-, 6- and 12-Month Eurodollar LIBOR Rates Rose Today
The 1-, 6- and 12-month Eurodollar LIBOR rates moved higher today, while the 3-month rate was unchanged.
Global stock indices all surged today.
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.
Global stock indices all surged today.
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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