What is the best way to hedge Libor

Discussion in 'Trading' started by ivanbaj, May 18, 2009.

  1. ivanbaj

    ivanbaj

    Which instrument tracks Libor? Many adjustable mortgages are based on it. The rate is very low right now. I want to lock this tare via a hedge.
     
    #1     May 18, 2009
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  2. MTE

    MTE

    #2     May 18, 2009
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  3. ivanbaj

    ivanbaj

    I found this info:

    "The Chicago Mercantile Exchange's Eurodollar contracts are based on three-month US dollar LIBOR rates."

    The Eurodollar might be the best for this.
     
    #3     May 18, 2009
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