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Monday, August 1, 2011

The 1-, 3- and 6-Month Eurodollar LIBOR Rates Fixed Higher Today

The 1-, 3- and 6-month Eurodollar LIBOR rates climbed higher today, while the 12-month rate eased.

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.