The 3-Month US Dollar (Eurodollar) LIBOR Rate Rose On The Week

The 1-year US dollar (Eurodollar) LIBOR rate waned on the week, while the 3-month rate rose.  The 1- and 6-month rates both matched last Friday's fix at 0.1555 and 0.3305, respectively.

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


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.