LIBOR Most recent and historical LIBOR interest rates
Since September 30, 2024, no new LIBOR (London Interbank Offered Rate) rates have been published. In the table below, you will find the most recent LIBOR rates. By clicking on a LIBOR rate in the table, you will be directed to a page with detailed information. At the bottom of this page, you can find more information about LIBOR, including the cessation of LIBOR rates and the available alternatives to LIBOR.
|
09-30-2024
|
09-27-2024
|
09-26-2024
|
09-25-2024
|
09-24-2024
|
|
|---|---|---|---|---|---|
| USD LIBOR 1 month |
4.96018 %
|
4.95858 %
|
4.95992 %
|
4.96976 %
|
4.96895 %
|
| USD LIBOR 3 months |
4.85372 %
|
4.85496 %
|
4.86528 %
|
4.90478 %
|
4.92044 %
|
| USD LIBOR 6 months |
4.68213 %
|
4.69011 %
|
4.67346 %
|
4.71470 %
|
4.73788 %
|
Libor chart
Historical LIBOR ratesLIBOR is a registered trademark of the ICE Benchmark Administration (IBA). A Licensing Agreement with IBA is mandatory for all commercial use of the data and the registered trademarks. Neither IBA, nor the ICE LIBOR contributor banks, nor the designated distributor of ICE LIBOR from time to time, can be held liable for any irregularity or inaccuracy of ICE LIBOR. All rights reserved! Use of the data is at your own risk.
What is LIBOR?
LIBOR stands for London Interbank Offered Rate. Originally, LIBOR was the average interest rate at which a selection of banks were willing to lend unsecured loans to each other in the London money market. In the past, there were 150 LIBOR rates: 10 different currencies and 15 maturities per currency. Over time, more and more LIBOR rates have been phased out. Since the end of September 2024, when the last USD LIBOR rates were published, no new LIBOR rates have been released. For most maturities and currencies, alternative benchmark rates have been introduced. More information on these can be found further down this page.
The official LIBOR rates were published once a day by ICE Benchmark Administration (IBA) until the end of their publication.
The establishment of LIBOR
At the start of the 1980s there was a growing need amongst the financial institutions in London for a benchmark for lending rates. This benchmark was particularly needed in order to calculate prices for financial products such as interest rate swaps and options. Under the leadership of the British Bankers' Association (BBA) a number of steps were taken from 1984 onwards which led in 1986 to the publication of the first LIBOR interest rates (bbalibor).
LIBOR currencies
Originally (in 1986) LIBOR was published for 3 currencies: the US dollar, the pound sterling and the Japanese yen. Over the years that followed the number of LIBOR currencies grew to a maximum of 16. A number of these currencies merged into the euro in 2000.
Over the years, we have published the following LIBOR rates on Global-rates.com:
- U.S. Dollar LIBOR (until September 30, 2024);
- British Pound Sterling LIBOR (until March 28, 2024);
- Japanese Yen LIBOR (until the end of 2022);
- Swiss Franc LIBOR (until the end of 2021);
- European Euro LIBOR (until the end of 2021);
- Australian dollar LIBOR (until the end of May 2013);
- Canadian dollar LIBOR (until the end of May 2013);
- Swedish krona LIBOR (until the end of March 2013);
- Danish krone LIBOR (until the end of March 2013);
- New Zealand dollar LIBOR (until the end of February 2013);
The end of LIBOR
LIBOR had existed for a long time, but over the years, it became associated with scandals and crises. This led to a lack of trust in LIBOR rates, which eventually resulted in the decision to phase out LIBOR. The publication of LIBOR rates has now ended for all currencies, with the last USD LIBOR rates published on September 30, 2024.
Alternatives for LIBOR
As there is still a need for benchmark rates, alternatives to LIBOR have been introduced. For example SOFR and CME Term SOFR (U.S. Dollar), TONAR (Japanese yen), SONIA (British pound sterling), SARON (Swiss franc) and ESTER (Euro).