Dollar-Funding Stress Mixed, Money-Market Indicators Show
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Money-market indicators signaled short-term dollar funding conditions were mixed.
Three-month London interbank offered rate, or Libor, which represents the rate at which banks say it would cost to borrow from another, was unchanged at 0.3095 percent, matching it’s lowest level since August 2011, according to the British Bankers’ Association. The Libor-OIS spread, a gauge of banks reluctance to lend, held steady at 16.5 basis points.