Pages

Tuesday, July 8, 2014

The 1- and 3-Month US Dollar (Eurodollar) LIBOR Slipped Lower Today

The 1- and 3-month US dollar (Eurodollar) LIBOR rates sank lower today, while the 6-month rate rose.  The 1-year rate was unchanged at 0.5562.

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.

No comments:

Post a Comment