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Thursday, December 26, 2013

No LIBOR News Today (2013 Boxing Day Bank Holiday)

No LIBOR news today as London banks are shuttered for the Boxing Day Bank Holiday (2013.)

LIBOR
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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