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View Full Version : Libor Drops; TED Spread at Lowest Since Crisis Began - Bloomberg



NewsWhore
05-15-2009, 10:40 AM
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Libor Drops; TED Spread at Lowest Since Crisis Began (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaD1etZfQuFtQ%26refer%3Dhome&cid=1351762142&ei=-nINStr-BIep_gbss8HsCA&usg=AFQjCNGRUQ-YaqdGFuw6Fe9V9gln2NQsZg)
Bloomberg
Institutions are asked how much it would cost them to borrow from each other for 15 different periods, from overnight to one year, in currencies from dollars to euros and yen. The BBA then calculates averages, throwing out the four highest and lowest ...


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