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Tuesday, March 11, 2014

The 3- and 6-Month US Dollar (Eurodollar) LIBOR Rates Waned Today

The 3- and 6-month US dollar (Eurodollar) LIBOR rates eased today, while the 1-month rate rose.  The 1-year held steady at 0.5552.

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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