The 3- and 12-Month Eurodollar LIBOR Rates Rose On Both The Day and The Week
The 6-month Eurodollar LIBOR rate waned on the week, while the 1-, 3- and 12-month rates rose.
On the day, the 3- and 12-month rates fixed higher, while the 6-month rate eased. 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.
On the day, the 3- and 12-month rates fixed higher, while the 6-month rate eased. 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.
Labels: libor
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