The One-, Three and Six-Month Eurodollar LIBOR Rates Eased On The Week

The one-, three- and six-month Eurodollar LIBOR rates waned on the week, while the twelve-month rate edged higher.

On the day, the 1-month rate edged higher, while the 3- and 6-month rates moved lower. The 1-year rate was static.


Image courtesy: WSJ 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.