The 3-, 6- and 12-Month Eurodollar LIBOR Rates Rose On The Week

The 3-, 6- and 12-month Eurodollar LIBOR rates moved higher on the week, while the 1-month rate eased.

On the day, the 3- and 12-month rates fixed higher, while the 6-month rate waned.  The 1-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.