The 6- and 12-Month Eurodollar LIBOR Rates Eased On Both The Day and The Week

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

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


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.