Posts Tagged ‘of economic recovery’
Positive signals on the money market
January 29th, 2010
For the first time since the beginning of the financial crisis in July-August 2007, marked in particular by freezing the funds of the dynamic money-BNP, the interbank market seems to regain some normalcy.
The difference between the rates daily and Euribor 3 months income is less than 18 basis points, a difference that was found then in July 2007. For the record, that gap has jumped 50 basis points from August 2007 to a peak of more than 130 in October 2008 with the bankruptcy of Lehman Brothers. (more...)