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NewsWhore
05-21-2012, 06:10 PM
Money Market Stresses Ease After Group of Eight's Discussions (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF7HvtmrNPoIWN06wvsY7AzBgXqRg&url=http://www.bloomberg.com/news/2012-05-21/money-market-stresses-ease-after-group-of-eight-s-discussions.html)
Bloomberg
The cost for European banks to convert euro-denominated payment streams into dollars-based funding via the cross currency swaps market declined. The three-month cross-currency basis swap was 51.6 basis points below Euribor, compared to 52.6 basis ...

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