WSJ:Key Dollar, Euro, Sterling Borrowing Rates All Fall
By Tommy Stubbington
LONDON--The cost of borrowing dollars, euros and sterling for three months in the London interbank market all fell Monday.
Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, or Libor, fell to 0.35525% from 0.35850% Friday.
The spread between the three-month dollar Libor and overnight index swaps, a barometer of market stress, widened slightly to 21.9 basis points from 21.8 basis points Friday.
The sterling rate fell to 0.59188% from 0.59688%, while the euro rate declined to 0.15286% from 0.15439%.
Write to Tommy Stubbington at tommy.stubbington@dowjones.com
