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View Full Version : Banks' Dollar Funding Costs Decline to 15-Month Low in Europe - Bloomberg



NewsWhore
09-13-2012, 03:21 AM
Banks' Dollar Funding Costs Decline to 15-Month Low in Europe (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEHNE5pALc_KQXxvUkBwbx17kc1kw&url=http://www.bloomberg.com/news/2012-09-13/banks-dollar-funding-costs-decline-to-15-month-low-in-europe.html)
Bloomberg
... three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was 18.5 basis points below the euro interbank offered rate at 8:15 a.m. in London from minus 22 yesterday, according to data compiled by ...

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