The 6-Month Eurodollar LIBOR Rate Rose On Both The Day and The Week

The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all rose on the week.

On the day, the 3- and 12-month rates were static, while the 1-month rate eased and the 6-month rate moved higher.


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.