LONDON, Jan 8 (Reuters) - The interbank cost of borrowing
dollar, euro and sterling funds fell on Thursday, according to
the latest daily fixing from the British Bankers' Association.

The spread of three-month London interbank offered rates
over OIS rates for dollars and sterling narrowed but was
unchanged for euros.

The spread expresses the three-month premium paid over
anticipated central bank rates, or Overnight Index Swap rates
and is seen as a gauge of banks' willingness to lend to each
other -- a wider spread is seen as an indication of decreased
inclination to lend.

Below is a table of the London interbank offered rates
(Libor) for dollar, euro and sterling funds in percentage terms,
with the change from the previous session in parentheses.

EURO STERLING DOLLAR
O/N 2.09000 (-0.01000) 1.63750 (-0.36250) 0.10250 (-0.00500)
1WK 2.22500 (-0.03938) 1.75000 (-0.23750) 0.26625 (-0.01750)
2WK 2.28250 (-0.03438) 1.77500 (-0.22500) 0.31375 (-0.01500)
1MO 2.43375 (-0.03625) 1.92750 (-0.06875) 0.38625 (-0.02000)
2M0 2.61125 (-0.04188) 2.30375 (-0.06375) 1.03750 (-0.03500)
3MO 2.71875 (-0.03688) 2.50250 (-0.06625) 1.35375 (-0.04375)
6MO 2.80813 (-0.03750) 2.70750 (-0.05875) 1.68625 (-0.06375)
1YR 2.88150 (-0.04913) 2.83375 (-0.06000) 1.92500 (-0.07000)

3MTH LIBOR/OIS SPREAD (BPs)

109 (UNCH) 160 (-2) 118 (-4)

For RICs to the above rates, go to <0#LIBORSUPERRICS>.
(Reporting by George Matlock)