The 1-Month Eurodollar LIBOR Rate Rose Today

The 1-month Eurodollar LIBOR rate rose today, while the 6-month rate slipped lower. The 3- and 12-month rates were 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.