The 1-Year Eurodollar LIBOR Rates Rose Today
The 3-month Eurodollar LIBOR rate eased today, while the 1-year rate fixed higher. The 1- and 6-month rates were unchanged.
![image courtesy: The Wall Street Journal](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_s9S6iFnWfND_Oyk3e9c7lQWOtL5hl4lYT6vvQQHjy0-PulOguOQ1rQpMJDLTk2dqMtUq5xjc4Qqhk7YGl1TZy93bWjBP9jnxYyfVQnpqV9LIarKf0J71e7HM4iFba3EqIEaun6ARZXRy0=s0-d)
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.
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.
Labels: libor
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