The 3-, 6- and 12-month Eurodollar LIBOR rates eased on the week.
The 3-, 6- and 12-month Eurodollar LIBOR rates waned on the week, while the 1-month rate was unchanged.
On the day, the 3-month rate rose, the 12-month rate sank lower, while the 1-and 6-month rates were static.
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 3-month rate rose, the 12-month rate sank lower, while the 1-and 6-month rates were static.
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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