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LSE: 3-mth dollar Libor at record low; euro rate steady |
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LONDON, Nov 9 (Reuters) - The interbank cost of borrowing
dollars for three months fell to a record low on Monday, while
the equivalent rates for euros and sterling held steady, the
latest daily fixing from the British Bankers' Association
showed.
The spreads of three-month London interbank offered rates
over OIS rates for all three currencies widened slightly.
The spread expresses the three-month premium paid over
anticipated central bank rates, or Overnight Index Swap rates
and is seen as a gauge of banks' willingness to lend to each
other -- a wider spread is seen as an indication of decreased
inclination to lend.
Below is a table of the London interbank offered rates
(Libor) for dollar, euro and sterling funds in percentage terms,
with the change from the previous session in parentheses.
EURO STERLING DOLLAR
O/N 0.28063 (-0.00187) 0.50500 (+0.00000) 0.17838 (+0.00125)
1WK 0.34500 (+0.00250) 0.51063 (+0.00000) 0.21625
(-0.00063)
2WK 0.35625 (+0.00125) 0.51000 (+0.00000) 0.22625 (-0.00250)
1MO 0.39500 (-0.00125) 0.51438 (-0.00125) 0.23906 (-0.00250)
2M0 0.52875 (-0.00125) 0.54375 (+0.00000) 0.25063 (-0.00250)
3MO 0.67625 (+0.00000) 0.60875 (+0.00000) 0.27250 (-0.00156)
6MO 0.98625 (-0.00125) 0.83125 (+0.00125) 0.54063 (-0.00937)
1YR 1.21813 (-0.00437) 1.20188 (+0.00625) 1.13125 (-0.03000)
3MTH LIBOR/OIS SPREAD (BPs)
26 (+1) 21 (+1) 14 (+1)
For RICs to the above rates, go to.
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