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News Breaks | | | | December 27, 2012 | | 07:46 EDT |  | CS, DB, UBS, CRZBY | Euribor bank-to-bank lending rates fall slightly, Reuters reports
The significant Euribor bank-to-bank lending rates eased slightly after having increased in the previous session, reports Reuters. The ECB kept rates on hold this month despite new forecasts suggesting the euro area economy will contract again next year. Three-month Euribor rates, typically the key gauge of unsecured bank-to-bank lending, fell today to 0.185% from 0.186%. The six-month rate was unchanged at 0.319%, and the one-week rate was down to 0.089% from 0.090%. Reference Link | |
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