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View Full Version : Money Market Stresses Ease Ahead of European Leaders Meeting - Bloomberg



NewsWhore
05-22-2012, 10:30 AM
Money Market Stresses Ease Ahead of European Leaders Meeting (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEl8WFdF5SsNARKtcA58slMrvyCjA&url=http://www.bloomberg.com/news/2012-05-22/money-market-stresses-ease-ahead-of-european-leaders-meeting.html)
Bloomberg
The cost for European banks to convert euro-denominated payment streams into dollars-based funding via the cross currency swaps market decreased. The three-month cross-currency basis swap was 45 basis points below Euribor, compared to 50.7 basis points ...

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