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Posts tagged Libor
Libor for Three-Month Dollar Loans Snaps 13 Days of Increases
0Libor for Three-Month Dollar Loans Snaps 13 Days of Increases
The rate banks say they pay to borrow in dollars for three months declined for the first time in 14 days, British Bankers’ Association data showed. The London interbank offered rate, or Libor, for such loans fell to 0.536 percent today, from 0.538 percent yesterday, the BBA said. It was the first drop since May 10.
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Libor Strain shows, sales dwindling, Spreads Soar: Credit Markets
0Libor Shows Strain, Sales Dwindle, Spreads Soar: Credit Markets
May 24 (Bloomberg) — Corporate bond sales are poised for their worst month in a decade, while relative yields are rising at the fastest pace since Lehman Brothers Holdings Inc.’s collapse as the response by lawmakers to Europe’s sovereign debt crisis fails to inspire investor confidence.
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