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Friday, August 15, 2014

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

The 6- and 12-month US dollar (Eurodollar) LIBOR rates eased today, while the 1-and 3-month rates fixed higher.

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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