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Tuesday, August 5, 2014

The 6- and 12-Month US Dollar (Eurodollar) LIBOR Rates Fixed Lower Today

The 6- and 12-month US dollar (Eurodollar) LIBOR rates waned today, while the 1-month rate rose.  The 3-month rate was unchanged at 0.2371.

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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