LONDON (Dow Jones)--The cost of borrowing dollars, sterling and euros for three months in the London interbank market all fell Thursday.
Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, or Libor, was fixed at 0.46815%, down from 0.46965% Wednesday.
The spread between the three-month dollar Libor and overnight index swaps, a barometer of market stress, widened to 35.8 basis points from 34.2 basis points.
Sterling borrowing costs fell to 1.02813% from 1.02963%, while the euro rate fell to 0.68814% from 0.69157% Wednesday.
-By Tommy Stubbington, Dow Jones Newswires; +44-20-7842-9268; tommy.stubbington@dowjones.com
