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View Full Version : Dollar Funding Cost Falls to 10-Week Low in Euro Money Markets - Bloomberg



NewsWhore
01-10-2012, 07:12 AM
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Dollar Funding Cost Falls to 10-Week Low in Euro Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEDOQWRnC8s23fcE2QeFM5GB3jtdg&url=http://www.bloomberg.com/news/2012-01-10/dollar-funding-cost-falls-to-10-week-low-in-euro-money-markets.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, fell to 95 basis points below the euro interbank offered rate at 8:21 am in London, compared with minus 99 yesterday. ...
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