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Monday, March 3, 2014

The 1-Year US Dollar (Eurodollar) LIBOR Rate Edged Higher Today

The 1-year US dollar (Eurodollar) LIBOR rate fixed higher today while the 1-month rate eased.  The 3- and 6-month rates held steady at 0.23565 and 0.3305, respectively.

LIBOR 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.

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