Libor: The Descent Begins

October 14th, 2008 7:22 am | by John Jansen |

One week LIBO – Drops 50 basis points
    *THREE-MONTH DOLLAR LIBOR 4.64% VERSUS 4.75%, BBA SAYS
    *OVERNIGHT DOLLAR LIBOR 2.18% VERSUS 2.47%, BBA SAYS

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  1. 2 Responses to “Libor: The Descent Begins”

  2. By Gallivanter on Oct 14, 2008 | Reply

    When will banks want to borrow from other banks? Does Libor matter in this environment?

  3. By weiss-rot on Oct 14, 2008 | Reply

    They say, there is no bail-out in Switzerland, Sweden, Norway. SocGen says it is safe and sound too. How did they manage, and still be competitive?

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