Wednesday, October 8, 2008

BBA LIBOR : STRESS IN THE CREDIT MARKETS

Source: http://sharedata.lloydstsbsharedealing.com/en/money/interest/index.html
Banks are unwilling to lend, and despite the massive liquidity infusions and bailout packages, LIBOR rates are not backing down. This is raising the cost of borrowing for solvent and conservative businesses and borrowers the world over.

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