G-20 proposals fail to lift interbank confidence

The biggest movement was in the three-month markets, where dollar borrowing rates rose 0.15 percentage points from 2.24% on Friday, November 14 to 2.39% today. Three-month sterling Libor fell from 4.18% to 4.15% and three-month Euro borrowing rates fell from 4.22% to 4.19%.

In the overnight markets, dollar Libor and Euro Libor both declined from 0.41% to 0.4%, and 3.05% to 3.01% respectively. Overnight sterling rates remained at 3% from Friday November 14.

The Ted spread, a measure of perceived co

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: