Eurodollars Definition

Eurodollars Sentence Examples

• The LIBOR rates are calculated in Eurodollars.

• To get the 6-month Libor Eurodollar rate at these same banks, the BBA would ask these banks what they would charge Bank B to borrow funds in Eurodollars for six months.

• The highest and lowest interest rates of Banks A, D, Q and R would be disregarded and the remaining rates would be averaged to determine the 6-month Libor Rate in Eurodollars.

• This is because using Eurodollars, which includes only European currency, would not accurately reflect the rate for American lenders.

• The rates are initially calculated in Eurodollars.