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View Full Version : Bank Lending Stress Holds Near 3-Week Low in Euro Money Markets - Bloomberg



NewsWhore
05-29-2012, 03:43 AM
Bank Lending Stress Holds Near 3-Week Low in Euro Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEWx2CUh-XN92W6M0TgWdnM9-jEgA&url=http://www.bloomberg.com/news/2012-05-29/bank-lending-stress-holds-near-3-week-low-in-euro-money-markets.html)
Bloomberg
The three-month cross- currency basis swap was little changed at 45 basis points below Euribor, the cheapest since May 11. The one-year basis swap was little changed at 63 basis points below Euribor. A basis point is 0.01 percentage point.

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