The 6- and 12-Month Eurodollar LIBOR Rates Eased Today

The 1-month Eurodollar LIBOR rate rose today, while the 6- and 12-month rates waned.  The 3-month rate was unchanged.
 
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.