The 1- and 6-Month Eurodollar LIBOR Rates Moved Higher On The Week
The 1- and 6-month Eurodollar LIBOR rates pushed higher on the week, while the 1-year rate moved lower. The 3-month rate was unchanged.
On the day, the 6-and 12-month rates slipped lower, while the 1- and 3-month rates held steady.
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 6-and 12-month rates slipped lower, while the 1- and 3-month rates held steady.
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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