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View Full Version : Dollar Funding Costs Fall to 5-Month Low in Euro Money Markets - Bloomberg



NewsWhore
01-18-2012, 07:20 AM
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Dollar Funding Costs Fall to 5-Month Low in Euro Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGyIjiUorVQ2qWPsiXYXZVsvd8clA&url=http://www.bloomberg.com/news/2012-01-18/dollar-funding-costs-fall-to-5-month-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, was at 78 basis points below the euro interbank offered rate at 11:29 am in London. That&#39;s the lowest cost since Aug. ...

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