Three-Month Euro Libor May Increase to 0.732% 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 0.732 percent, said Peter Chatwell, a fixed-income strategist in London. The rate was 0.727 percent at the end of last week, data from the British Bankers’ Association showed.

Libor for three-month dollars may slip to 0.53 percent from 0.534 percent, Chatwell said.

The euro interbank offered rate, or Euribor, for three- month loans may increase to 0.796 percent, he said. The rate was 0.79 percent at the end of last week, 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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