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NewsWhore
05-18-2012, 10:30 AM
Money Market Stresses Abate Before Group of Eight Discussions (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFkZ27Xz-xDXrCellLSnPR2CsZ27w&url=http://www.bloomberg.com/news/2012-05-18/money-market-stresses-abate-before-group-of-eight-discussions.html)
Bloomberg
The cost for European banks to convert euro-denominated payment streams into dollars-based funding via the cross currency swaps market rose. The three-month cross-currency basis swap was 51 basis points below Euribor, compared to 49.3 basis points ...

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