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View Full Version : Euribor-OIS Spread Declines for 13th Week as EU Boosts Firewall - Bloomberg



NewsWhore
03-30-2012, 07:10 AM
Euribor-OIS Spread Declines for 13th Week as EU Boosts Firewall (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGpXmUl59BnYKxxfj_Tme7Ux2w9xA&url=http://www.bloomberg.com/news/2012-03-30/euribor-ois-spread-declines-for-13th-week-to-lowest-in-8-months.html)
Bloomberg
The cost for banks to convert euro interest payments into dollars fell for the fourth week with the three-month cross- currency basis swap at 50.5 basis points below Euribor. The cost reached an eight-month low of minus 49.5 on March 26.

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