Interbank markets remain stable

In the three-month markets, dollar Libor fell to 2.71% today from 2.86% yesterday. Euro Libor dropped from 4.74% to 4.71%, and the cost of borrowing sterling also fell from 5.78% to 5.73%.

US dollar overnight Libor dropped from 0.39% to 0.38%, while sterling and Euro Libor rates remained unchanged from yesterday at 4.53% and 3.50%, respectively.

The Ted spread, which tracks the difference between three-month Libor and US Treasury bills, also fell from 2.42% at the close of trade yesterday to

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: