Three-Month Euro Libor May Increase to 0.692% Today, Credit Agricole Says

The rate banks say they pay for three-month loans in euros may rise today, according to Credit Agricole Corporate & Investment Bank.

The London interbank offered rate, or Libor, for such loans may climb to 0.692 percent, said Orlando Green, a fixed-income strategist in London. The rate was 0.688 percent yesterday, data from the British Bankers’ Association showed.

Libor for three-month dollars may stay at 0.533 percent, Green said.

The euro interbank offered rate, or Euribor, for three- month loans may increase to 0.764 percent, he said. The rate was 0.761 percent yesterday, according to the European Banking Federation.

To contact the reporter on this story: Keith Jenkins in London at kjenkins3@bloomberg.net

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