NewsWhore
01-09-2012, 08:01 AM
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European Banks' Dollar Funding Cost Falls to Lowest in 10 Weeks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGDjBqVqp5DVl16RaLWZ0ipl6dsUA&url=http://www.bloomberg.com/news/2012-01-09/european-banks-dollar-funding-cost-falls-to-lowest-in-10-weeks.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was at 98 basis points below the euro interbank offered rate at 9:30 am in London. That's the lowest since Oct. 31 and compares with minus 101 ...
and more » (http://news.google.com/news/more?ned=us&ncl=dD0DgAoaTQ5oqyM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGDjBqVqp5DVl16RaLWZ0ipl6dsUA&url=http://www.bloomberg.com/news/2012-01-09/european-banks-dollar-funding-cost-falls-to-lowest-in-10-weeks.html)
European Banks' Dollar Funding Cost Falls to Lowest in 10 Weeks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGDjBqVqp5DVl16RaLWZ0ipl6dsUA&url=http://www.bloomberg.com/news/2012-01-09/european-banks-dollar-funding-cost-falls-to-lowest-in-10-weeks.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was at 98 basis points below the euro interbank offered rate at 9:30 am in London. That's the lowest since Oct. 31 and compares with minus 101 ...
and more » (http://news.google.com/news/more?ned=us&ncl=dD0DgAoaTQ5oqyM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGDjBqVqp5DVl16RaLWZ0ipl6dsUA&url=http://www.bloomberg.com/news/2012-01-09/european-banks-dollar-funding-cost-falls-to-lowest-in-10-weeks.html)