Showing posts with label Libor. Show all posts
Showing posts with label Libor. Show all posts

Saturday, June 13, 2009

Current LIBOR Rates Remain Near Historical Lows

London Interbank Offered Rates (LIBOR) remain near historical lows. The short term, 1-month LIBOR rate is down 2.16% to only 0.32% from 2.48% just a year ago.

Chart of 3 month LIBOR Rate vs. Time courtesy of Wikinvest

This is This table shows all LIBOR rates are down significantly from a year ago.

Updated 6/10/2009
This week Month ago Year ago
1 Month LIBOR Rate 0.32 0.35 2.48
3 Month LIBOR Rate 0.65 0.91 2.79
6 Month LIBOR Rate 1.27 1.43 3.17
1 Year LIBOR Rate 1.60 1.78 3.21

See Libor Rates at a Glance for current rates and graphs.

Definition: LIBOR is the London Interbank Offered Rate. It is a daily reference rate based on the interest rates banks in the London wholesale money market (or interbank market) offer to lend unsecured funds to each other. LIBOR is usually slightly higher than the London Interbank Bid Rate (LIBID). LIBID is the rate the same banks are prepared to accept deposits.

Thursday, May 7, 2009

Current LIBOR Rates Down Near Historical Lows

The short term, 1-month Libor rate is down 2.11% to only 0.40% from 2.51% just a year ago. This table shows all LIBOR rates are down significantly from a year ago.

Updated 5/6/2009 This week Month ago Year ago
1 Month LIBOR Rate 0.40 0.45 2.51
3 Month LIBOR Rate 0.99 1.12 2.68
6 Month LIBOR Rate 1.54 1.66 2.83
1 Year LIBOR Rate 1.78 1.95 2.99

See Libor Rates at a Glance for current rates and graphs.

Definition: LIBOR is the London Interbank Offered Rate. It is a daily reference rate based on the interest rates banks in the London wholesale money market (or interbank market) offer to lend unsecured funds to each other. LIBOR is usually slightly higher than the London Interbank Bid Rate (LIBID). LIBID is the rate the same banks are prepared to accept deposits.


Tuesday, December 16, 2008

LIBOR Rates Fall: Historical and Current London Interbank Offered Rates at a Glance

LIBOR is the London Interbank Offered Rate. It is a daily reference rate based on the interest rates banks in the London wholesale money market (or interbank market) offer to lend unsecured funds to each other. LIBOR is usually slightly higher than the London Interbank Bid Rate (LIBID). LIBID is the rate the same banks are prepared to accept deposits.

Current LIBOR Rates
Term Rate
1-month 0.88%
3-months 1.85%
6-months 2.17%
12-months 2.37%

Data from Current and Historical Libor Rates at at Glance

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Friday, February 15, 2008

Libor and Call Interest Rates

LIBOR and other interest rate indexes as of 2/13/2008
This weekMonth agoYear ago
Bond Buyer's 20 bond index 4.334.214.21
FNMA 30 yr Mtg Com del 60 days 5.645.536.22
1 Month LIBOR Rate 3.134.025.32
3 Month LIBOR Rate 3.074.005.36
6 Month LIBOR Rate 2.963.835.40
Call Money 4.756.007.00
1 Year LIBOR Rate 2.783.725.40

Call Money Rates are the interest rate charged by banks to brokers for money used to finance margin loans, usually to stock market investors.

LIBOR stands for London Interbank Offered Rate. It is the interest banks offer to lend money to one another in the wholesale money markets in London. It is a standard financial index used in U.S. capital markets, especially for mortgage lenders. Libor rates can be found in the Wall Street Journal. In general, its changes have been smaller than changes in the prime rate.

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