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View Full Version : Cost of Swapping Euro Payments to Dollars Falls to 1-Month Low - Bloomberg



NewsWhore
10-17-2011, 09:50 AM
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Cost of Swapping Euro Payments to Dollars Falls to 1-Month Low (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE8BMpgR1PGi0k62G_ALHtSWLJ8RQ&url=http://www.bloomberg.com/news/2011-10-17/cost-of-swapping-euro-payments-to-dollars-falls-to-1-month-low.html)
Bloomberg
The three-month cross-currency basis swap was 87 basis points under the euro interbank offered rate as of 11:51 am in London, from 90 at the end of last week, according to data compiled by Bloomberg. That&#39;s the smallest difference since Sept. 15. ...

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