WSJ Article - LIBOR

LOS 64 j. of the curriculum (Level I) requires the definition of LIBOR and its importance. Often called as Eurodollar is charged by large organizations outside US for lending US dollars for different periods of time. The following article from Wall Street Journal discusses Eurodollar & other rates and their futures. Eurodollar futures is discussed in detailed in Level II which is different from spot Eurodollar, with respect to comparison.

http://online.wsj.com/article/BT-CO-20111209-712125.html