No LIBOR News Today (2014 New Year's Day Bank Holiday)

No LIBOR news today as London banks are shuttered for the New Year's Day Bank Holiday (2014.)


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.