European Funding

December 30th, 2013 7:19 am | by John Jansen |

A European based observed notes easy conditions in the money markets there this morning. The Euribor set at .288 was about 0.5 basis points less than expected. In addition the results of the MRO and SMP have left the markets with an extra 70 billion Euros sloshing through the system (according to the same observer).

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