Three-month euro Libor anchored at record low

Posted by 7Star Wednesday, January 20, 2010

Three-month euro money market funds remained at a record low on Tuesday while the sterling equivalent edged higher on rising UK consumer prices, according to the latest London bank-to-bank lending rate fixings. The three-month euro London Interbank Offered Rate (Libor) remained anchored at 0.62125 percent while the Frankfurt-based three-month Euribor bank-to-bank rate hit a new record low of 0.675 percent.

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