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View Full Version : Money Market Indicators Signal Stress in Banking Sector Eases - Bloomberg



NewsWhore
05-10-2012, 09:50 AM
Money Market Indicators Signal Stress in Banking Sector Eases (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGEorf2ak7yxCM1fFkLZ_u6RvQ4IA&url=http://www.bloomberg.com/news/2012-05-10/money-market-indicators-signal-stress-in-banking-sector-eases.html)
Bloomberg
The cost for European banks to convert euro-denominated payment streams into dollar-based funding via the cross currency swaps market narrowed. The three-month cross-currency basis swap was 44.1 basis points below Euribor, compared to 48.2 basis points ...

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