LONDON--The cost of borrowing dollars, sterling and euros for three months in the London interbank market all fell Friday.
Data from the British Bankers' Association showed that the three-month dollar London Interbank Offered Rate, or Libor, fell marginally to 0.35125% from 0.35225% Thursday.
The spread between the three-month dollar Libor and overnight index swaps, a barometer of market stress, fell to 21 basis points against 21.3 basis points Thursday.
The sterling Libor rate fell to 0.56375% from 0.56750%, while the euro rate fell to 0.14571% against 0.14643% Thursday.
