BLBG: Three-Month Dollar Libor Is Little Changed at 0.504%, BBA Says
By Justin Carrigan
July 23 (Bloomberg) -- The cost of three-month loans in dollars stayed little changed, according to the British Bankers’ Association.
The London interbank offered rate, or Libor, for such loans rose less than half a basis point to 0.504 percent today from 0.502 percent yesterday, 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
