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View Full Version : Dollar Funding Costs Hold at Two-Week High in Euro Money Markets - Bloomberg



NewsWhore
10-01-2012, 03:53 AM
Dollar Funding Costs Hold at Two-Week High in Euro Money Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF6B5erBLF9F8VQRxdDuXIM1HRYAg&url=http://www.bloomberg.com/news/2012-10-01/dollar-funding-costs-hold-at-two-week-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 little changed at 26 basis points below the euro interbank offered rate at 8:20 a.m. in London, the most expensive since Sept. 7 ...

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