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View Full Version : Cheap European CLOs Offer Investor 'Carrots,' Citigroup Says - Bloomberg



NewsWhore
10-21-2011, 11:30 AM
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Cheap European CLOs Offer Investor &#39;Carrots,&#39; Citigroup Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHOTbv4pNzIiCV2HKpZVmlrYkH4lg&url=http://www.bloomberg.com/news/2011-10-21/cheap-european-clos-offer-investor-carrots-citigroup-says.html)
Bloomberg
The cost for European banks to fund in dollars rose further today, with the three-month cross-currency basis swap at 93.6 basis points below the euro interbank offered rate from 91.5 basis points yesterday, according to data compiled by Bloomberg. ...

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