Understanding Yield Curve Terminology and Conventions: Eurodollar, Libor, Euro Libor, and Euribor Markets
Reading Time: 5 minutes
By William B. Allen Global markets today are, unfortunately, obfuscated by much confusing terminology and conventions – some of which are relics from the distant past. There is perhaps no better example than the term “Eurodollar” (often abbreviated “ED”). With the advent of the single European currency named the Euro only a few years ago, …