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View Full Version : European Banks' Dollar Funding Costs Decline in Money Markets - Bloomberg



NewsWhore
10-19-2011, 07:40 AM
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European Banks&#39; Dollar Funding Costs Decline in Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGO5JbIB_fjBaRVxS2f9TGp0xnbCQ&url=http://www.bloomberg.com/news/2011-10-19/european-banks-dollar-funding-costs-decline-in-money-markets.html)
Bloomberg
The three-month cross-currency basis swap is 91 basis points below Euribor from 90.5 yesterday. A basis point is 0.01 percentage point. A measure of banks reluctance to lend to one another in Europe fell. The Euribor-OIS spread, the difference between ...

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