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Monday, April 25, 2011

No LIBOR News Today Due to The Easter Monday Bank Holiday

No LIBOR news today, as UK banks were closed for the Easter Monday Bank Holiday.

image courtesy: The Wall Street Journal
Image courtesy: Wall Street Journal 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.

Click here to read about how U.S. Dollar LIBOR fixing works.

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