The 1-Year US Dollar (Eurodollar) LIBOR Rate Waned On Both The Day and The Week
On the week, the 3-month US dollar (Eurodollar) LIBOR rate rose, while the 1-, 6- and 12-month rates eased.
On the day, the 1- and 6-month rates rose, while the 1-year rate fixed lower. The 3-month rate was 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.
On the day, the 1- and 6-month rates rose, while the 1-year rate fixed lower. The 3-month rate was 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.
Labels: libor
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posted by Steve Brown | Friday, January 10, 2014
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