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NewsWhore
09-19-2011, 09:40 AM
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Banks More Reluctant to Lend Amid Bets Greece Close to Default (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGxp098bg9AuxMNUT1hxJV0ReO5kw&url=http://www.bloomberg.com/news/2011-09-19/banks-more-reluctant-to-lend-amid-bets-greece-close-to-default.html)
Bloomberg
The cost of converting euro payments into dollars, measured by the three-month cross-currency basis swap, was 86.9 basis points below the euro interbank offered rate, from 87.1 basis points on Sept. 16. The cost was 112.5 basis points under Euribor a ...

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