The 1-Year Eurodollar LIBOR Rate Edged Lower Today
The 1-year Eurodollar LIBOR rate moved lower today, while the 1- and 3-month rates rose. The 6-month rate was unchanged.
![image courtesy: The Wall Street Journal](http://www.fedprimerate.com/libor/imgs2/courtesy-wsj-august-29--2013.gif)
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.
![image courtesy: The Wall Street Journal](http://www.fedprimerate.com/libor/imgs2/courtesy-wsj-august-29--2013.gif)
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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