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View Full Version : Dollar Funding Costs Rise Most in a Month in Euro Money Markets - Bloomberg



NewsWhore
12-09-2011, 08:50 AM
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Dollar Funding Costs Rise Most in a Month in Euro Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHdma-EHCMlCQ_YbfQTwCMqUFDvkw&url=http://www.bloomberg.com/news/2011-12-09/dollar-funding-costs-rise-most-in-a-month-in-euro-money-markets.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro payments into dollars, widened nine basis points to 126 basis points below the euro interbank offered rate at 12:30 pm in London. That&#39;s the most expensive rate since Dec. 2. ...

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