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View Full Version : Dollar Funding Costs Head for First Weekly Increase Since July - Bloomberg



NewsWhore
09-21-2012, 04:41 AM
Dollar Funding Costs Head for First Weekly Increase Since July (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHWbXBfsTcEIJgicYjPKq-X05EwzA&url=http://www.bloomberg.com/news/2012-09-21/dollar-funding-costs-head-for-first-weekly-increase-since-july.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was 22 basis points below the euro interbank offered rate at 8:15 a.m. in London compared with minus 17 on Sept. 14, according to data ...

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