Posted On: 12/05/2012 5:55:02 AM
Post# of 28539
FRANKFURT, Dec 5 (Reuters) - Key Euribor bank-to-bank
lending rates ticked down on Wednesday, a day before the
European Central Bank's policy meeting, slowly finding a floor
after a year-long downtrend.
Bank-to-bank lending rates have fallen sharply since
November last year when ECB plans emerged to flood the banking
system with ultra-cheap, three-year cash.
But the impact of the excess liquidity has now been largely
priced in and there is uncertainty about whether the ECB will
cut offi
View More
lending rates ticked down on Wednesday, a day before the
European Central Bank's policy meeting, slowly finding a floor
after a year-long downtrend.
Bank-to-bank lending rates have fallen sharply since
November last year when ECB plans emerged to flood the banking
system with ultra-cheap, three-year cash.
But the impact of the excess liquidity has now been largely
priced in and there is uncertainty about whether the ECB will
cut offi
View More
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