WSJ:Key US Dollar, Sterling Euro, Libor All Unchanged
LONDON (Dow Jones)--The cost of borrowing dollars, sterling and euros for three months in the London interbank market were all unchanged Tuesday.
Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, or Libor, was fixed at 0.46585%, same as Monday.
The spread between the three-month dollar Libor and overnight index swaps, a barometer of market stress, narrowed to 30.9 basis points from 31.3 basis points.
Sterling borrowing costs were flat at 1.00750%, while the euro rate stood still at 0.61607%.
-By Tommy Stubbington, Dow Jones Newswires, +44 20 7842 9268; tommy.stubbington@dowjones.com
