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Wednesday, April 9, 2014

The 1- and 3-Month US Dollar (Eurodollar) LIBOR Rates Fixed Higher Today

The 1- and 3-month US dollar (Eurodollar) LIBOR rates skipped higher today, while the 6- and 12-month rates were static at 0.3265 and 0.553 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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