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Friday, January 3, 2014

The 1-, 3- and 6-Month Eurodollar LIBOR Rates Waned On Both The Day and The Week

On both the day and the week, the 1-, 3- and 6-month Eurodollar LIBOR rates slipped lower, while the 1-year rate rose.

image courtesy: The Wall Street Journal
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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