Sterling 3-month Libor rises, snaps recent decline
LONDON (Reuters) - The interbank cost of borrowing three-month sterling funds rose on Wednesday after six straight sessions of declines, while three-month euro rates hit a fresh four-month high following recent hawkish comments from European Central Bank officials.
The cost of borrowing three-month dollar funds was steady, according to the latest daily fixings from the British Bankers' Association.
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 3.97000 (+0.05750) 5.05000 (-0.03250) 2.50125 (-0.12375) 1WK 4.24625 (-0.01750) 5.10000 (-0.02125) 2.83375 (+0.00062) 2WK 4.29125 (-0.01250) 5.25000 (+0.00000) 2.85000 (+0.00000) 1MO 4.38688 (-0.00125) 5.48750 (-0.00250) 2.89500 (+0.00000) 2M0 4.59375 (+0.00125) 5.73625 (+0.00250) 2.90625 (-0.00125) 3MO 4.82875 (+0.00562) 5.88563 (+0.00188) 2.92000 (+0.00000) 6MO 4.86813 (+0.01938) 5.88000 (+0.00062) 3.04625 (+0.00875) 1YR 4.94438 (+0.06313) 5.83063 (+0.00438) 3.11125 (+0.01812)
3MTH LIBOR/OIS SPREAD (BPs)
80.97500 (+2.55200) 93.76300 (-2.1120) 88.95000 (-1.0500)
For RICs to the above rates, go to <0#LIBORSUPERRICS>.
(Editing by Stephen Nisbet)
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