WSJ: US Dollar, Euro, Sterling Libor All Unchanged
LONDON (Dow Jones)--The cost of borrowing dollars for three months in the London interbank market was unchanged for the third day running Monday, while the costs of borrowing euros and sterling were also unchanged.
Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, or Libor, was unchanged from Friday at 0.30344%.
The spread between the three-month dollar Libor and overnight index swaps, a barometer of market stress, widened to 11.7 basis points from 10.9 basis points Friday.
The euro rate was unchanged at 0.97125%, while the sterling rate was steady at 0.74375%.
