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  U.S. Interbank loan Rates are down

>> Thursday, April 16, 2009

U.S government disclose on Thursday U.S. loan rates are lower. In May U.S, government will disclose the results of stress tests of financial institutions.

On Thursday, Obama government that they would publish results of stress test on 19 on this month of the U.S. largest financial institutions.

Obama spokesperson said on Thursday, this move has been taken to ensure confidence in financial market and provide as much transparency as possible to the common mass.

British bankers association said on Thursday, overnight U.S dollar labor lost 1.25 bps to 0.25% while the three-month labor was down 0.56 bps to 1.11%.

In another place the overnight Canadian dollar, Libor was up to 0.33 bps to 0.43%, while the three month remained unmoved at 1.00%. The euro Libor gained 3.38 bps to 0.83% while Libor fell 0.13 bps to 1.41% in the three-month. Sterling Libor was flat 0.60% while Libor declined 1.00 bps to 1.52% in three-months.

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