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 MARKETS
Market News  Friday July 3 , 2009 11:00 GMT

The British Banking Association LIBOR

The British Banking Association released the LIBOR rate for today, starting with the dollar, the overnight rate fell a little from 0.268% to 0.266%, the one-week rate fell from 0.284% to 0.282%, the three months LIBOR fell from 0.577% to 0.558%, while the twelve months LIBOR declined from 1.576% to 1.531%.

 

Moving to the euro, the overnight LIBOR fell from 0.272% to 0.266%, the one-week rate dropped from 0.431% to 0.420%, the three months LIBOR inched lower to 1.037% from 1.060%, while the twelve months rate fell from 1.480% to 1.456%.

 

About the sterling pound, the overnight LIBOR fell from 0.550% to 0.547%, the one-week rate remained the same at 0.583%, the three months LIBOR declined from 1.161% to 1.141%, and finally the twelve months LIBOR dropped from 1.685% to 1.660%.

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