PDA

View Full Version : Bank Dollar Funding Costs Drop to Year Low in Euro Money Markets - Bloomberg



NewsWhore
08-07-2012, 03:42 AM
Bank Dollar Funding Costs Drop to Year Low in Euro Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFqg0wHXcnLcSa5c2S-gPuw0ZnH6g&url=http://www.bloomberg.com/news/2012-08-07/bank-dollar-funding-costs-drop-to-year-low-in-euro-money-markets.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was 36 basis points below the euro interbank offered rate at 8:30 a.m. in London, from minus 38.5 yesterday, data compiled by Bloomberg show.

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





More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFqg0wHXcnLcSa5c2S-gPuw0ZnH6g&url=http://www.bloomberg.com/news/2012-08-07/bank-dollar-funding-costs-drop-to-year-low-in-euro-money-markets.html)