Thursday, October 23, 2008

Libor Rates: Historical and Current

This graph shows LIBOR rates are down significantly off their highs just weeks ago.

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

1 year Graph of 1-month, 3-month, 6-month and 1-year LIBOR rates.
Click graph to see full sized image

5 year Graph of 1-month, 3-month, 6-month and 1-year LIBOR rates.


LIBOR Rates
Updated 10/23/2008


This week Month ago Year ago
1 Month LIBOR Rate 3.53 3.21 4.87
3 Month LIBOR Rate 3.83 3.21 5.08
6 Month LIBOR Rate 3.70 3.47 4.94
1 Year LIBOR Rate 3.97 3.46 4.82

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.

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