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View Full Version : Banks' Reluctance to Lend to Each Other Stays at Four-Month Low - Bloomberg



NewsWhore
02-14-2012, 07:10 AM
Banks' Reluctance to Lend to Each Other Stays at Four-Month Low (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE1VeJUep7QfE-Ks_XFCf7kaTgadA&url=http://www.bloomberg.com/news/2012-02-14/banks-reluctance-to-lend-to-each-other-holds-at-four-month-low.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was little changed at 68 basis points below Euribor, data compiled by Bloomberg show. The measure was minus 114 at the start of the year.

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