LONDON, March 5 (Reuters) - The interbank cost of borrowing dollars over three months edged up on Thursday, while the cost of borrowing euros and sterling slipped, according to the British Bankers Association's latest daily fixing. The fixings came just ahead of an interest decision by the Bank of England. The UK's central bank is widely expected to cut interest rates by 50 basis points to 0.5 percent at 1200 GMT. The European Central Bank is tipped to cut euro zone rates by 50 basis points to 1.5 percent at 1245 GMT. The three-month sterling Libor rate broke below 2.0 percent at the fixing for the first time since at least 1986, according to Reuters charts. The spread of three-month London interbank offered rates over OIS rates for dollars and euros was steady and tightened for sterling by three basis points to 164 basis points. The spread expresses the three-month premium paid over anticipated central bank rates, or Overnight Index Swap rates. Below is a table of the London interbank offered rates (Libor) for dollar, euro and sterling funds in percentage terms, with the change from the previous session in parentheses. EURO STERLING DOLLAR O/N 1.19375 (-0.00625) 0.83125 (-0.26250) 0.32000 (+0.00750) 1WK 1.22500 (-0.03875) 0.91000 (-0.11500) 0.38750 (+0.00125) 2WK 1.28500 (-0.03750) 1.02500 (-0.14125) 0.43000 (+0.01125) 1MO 1.44250 (-0.02875) 1.33375 (-0.03125) 0.53313 (+0.01500) 2M0 1.60250 (-0.03000) 1.79250 (-0.01750) 0.98375 (+0.00437) 3MO 1.75438 (-0.02500) 1.99000 (-0.02688) 1.28375 (+0.00712) 6MO 1.87063 (-0.02062) 2.17625 (-0.02000) 1.83250 (+0.01562) 1YR 1.98688 (-0.01500) 2.33000 (-0.01750) 2.13625 (+0.02125) 3MTH LIBOR/OIS SPREAD (BPs) 102 (UNCH) 164 (-3) 105 (UNCH) For RICs to the above rates, go to <0#LIBORSUPERRICS>. (Reporting by George Matlock)

Source