BLBG: Three-Month Dollar Libor Stays Little Changed at 0.51%, BBA Says
By Justin Carrigan
July 20 (Bloomberg) -- The cost of three-month loans in dollars was little changed, according to the British Bankers’ Association.
The London interbank offered rate, or Libor, for such loans rose by less than half a basis point to 0.51 percent today, the BBA said. The Libor-OIS spread, a gauge of bank reluctance to lend, was also little changed, at 31 basis points.
To contact the reporter on this story: Justin Carrigan in London at jcarrigan@bloomberg.net
