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View Full Version : Dollar Funding Costs Hold Near 5-Day High in Euro Money Markets - Bloomberg



NewsWhore
09-20-2012, 03:40 AM
Dollar Funding Costs Hold Near 5-Day High in Euro Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGd-5FIlv2pIxxSTEHM2LtP08Pcdw&url=http://www.bloomberg.com/news/2012-09-20/dollar-funding-costs-hold-near-5-day-high-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 21.5 basis points below the euro interbank offered rate at 8:25 a.m. in London, according to data compiled by Bloomberg. The cost has ...

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