Overnight Libor rockets

Libor for overnight US dollar loans increased to 3.94% from 2.37% yesterday. The euro rate rose from 4.26% to 4.49% and sterling moved from 5.07% to 5.83%.

Three-month dollar and sterling Libor also rose, from 4.29% to 4.32% and 6.27% to 6.28% respectively. Three-month euro Libor climbed slightly to 5.36% from 5.34% over the same period.

The Ted spread, which tracks the difference between three-month Libor and US Treasury bills, dropped to 3.71% at 1300 BST today, down from 3.81% yesterday

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: