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View Full Version : European Banks' Dollar Funding Costs Rise Amid Europe Divisions - Bloomberg



NewsWhore
10-20-2011, 07:00 AM
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European Banks&#39; Dollar Funding Costs Rise Amid Europe Divisions (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEMAKymB7KG8TsogDkUtlK-hmP3eg&url=http://www.bloomberg.com/news/2011-10-20/european-banks-dollar-funding-costs-rise-amid-europe-divisions.html)
Bloomberg
The three-month cross-currency basis swap was 91.5 basis points under Euribor, from 90.5 yesterday. A basis point is 0.01 percentage point. A measure of banks&#39; reluctance to lend to one another in Europe was little changed. The Euribor-OIS spread, ...

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