Interbank confidence continues to rise

In the three-month market, interbank confidence continued to rise with dollar borrowing costs falling 0.05 percentage points from 2.22% yesterday to 2.17% today. Sterling Libor dropped to 4.10% from 4.12%, while three-month Euro borrowing rates fell from 4.15% to 4.11%.

In the overnight markets, Euro Libor fell from 2.98% to 2.93%, dollar Libor rose to 0.44% from 0.4%, and sterling rates remained constant from yesterday at 3%.

The Ted spread, a measure of perceived counterparty risk, closed yester

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: