PDA

View Full Version : Banks' Dollar Funding Costs Decline in European Money Markets - Bloomberg



NewsWhore
06-13-2012, 05:00 AM
Banks' Dollar Funding Costs Decline in European Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFhOqok0v9s4NyEVx3uT709Oh72xg&url=http://www.bloomberg.com/news/2012-06-13/banks-dollar-funding-costs-decline-in-european-money-markets.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was 54 basis points below the euro interbank offered rate at 9:20 am in London, according to data compiled by Bloomberg.

and more » (http://news.google.com/news/more?ned=us&ncl=d-r7AKu3NERfGzM)





More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFhOqok0v9s4NyEVx3uT709Oh72xg&url=http://www.bloomberg.com/news/2012-06-13/banks-dollar-funding-costs-decline-in-european-money-markets.html)