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View Full Version : Banks' Dollar Funding Costs Increase to Two-Week High in Europe - Bloomberg



NewsWhore
06-01-2012, 04:40 AM
Banks' Dollar Funding Costs Increase to Two-Week High in Europe (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGRbRahOIsEZLiPhHMbBX7WY6AfGQ&url=http://www.bloomberg.com/news/2012-06-01/banks-dollar-funding-costs-increase-to-two-week-high-in-europe.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was 51.5 basis points below the euro interbank offered rate at 9:15 am in London from minus 50 yesterday, according to data compiled by ...

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