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Wednesday, August 14, 2013

The 1-Year Eurodollar LIBOR Rate Rose Today

The 3-month Eurodollar LIBOR rate fixed lower today, while the 1-year rate moved higher.  The 1- and 6-month rates were unchanged.
 image courtesy: The Wall Street Journal
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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