UK Libor unmoved by recession news 

Sterling overnight Libor dropped 0.07% from 3.11% yesterday to 3.04% today, while three-month sterling borrowing rates also fell 0.07% from 4.38% to 4.31%.

Overnight euro Libor fell significantly from 3.75% yesterday to 3.17% today, while dollar Libor rose to 0.38% from 0.35%.

In the three-month markets, dollar Libor fell today from 2.18% to 2.13%, while euro Libor fell from 4.32% to 4.27%.

As of 14:30 GMT, the Ted spread, which tracks the difference between three-month Libor and treasury bi

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: