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Monday, June 30, 2014

The 1-Month US Dollar (Eurodollar) LIBOR Rate Rose Today

The 3-month US dollar (Eurodollar) LIBOR rate fixed lower today, while the 1-month rate rose.  The 6- and 12-month rates were static at 0.3268 and 0.5451 respectively.

LIBOR image courtesy: The Wall Street Journal
Image courtesy: WSJ Online

A Eurodollar is a US 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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