Benchmark 3-mth euro, stg Libor up; dollar unchanged

LONDON, Oct 6 (Reuters) - The interbank cost of borrowing
euros and sterling for three months rose on Tuesday, while
dollar rates were unchanged for the third straight session,
according to the latest daily fixing from the British Bankers'
Association.

The spread of three-month London interbank offered rates
over OIS rates for dollars held steady at 14 basis points, the
euro spread widened a basis point to 30 bps and the sterling
spread narrowed a basis point to 16 bps.

The spread expresses the three-month premium paid over
anticipated central bank rates, or Overnight Index Swap rates
and is seen as a gauge of banks' willingness to lend to each
other -- a wider spread is seen as an indication of decreased
inclination to lend.

Below is a table of the London interbank offered rates
(Libor) for dollar, euro and sterling funds in percentage terms,
with the change from the previous session in parentheses:

EURO STERLING DOLLAR
O/N 0.27075 (-0.00500) 0.50375 (+0.00125) 0.20000 (-0.00250)
1WK 0.31625 (-0.00125) 0.50750 (+0.00250) 0.23688 (+0.00063)
2WK 0.33500 (+0.00250) 0.50625 (+0.00250) 0.23938 (-0.00125)
1MO 0.38875 (+0.00125) 0.50500 (+0.00250) 0.24438 (+0.00000)
2M0 0.54188 (+0.00125) 0.51438 (+0.00500) 0.25375 (+0.00062)
3MO 0.69875 (+0.00500) 0.55125 (+0.00375) 0.28406 (+0.00000)
6MO 0.99875 (+0.00562) 0.74000 (+0.00625) 0.60000 (-0.00188)
1YR 1.22250 (-0.00063) 1.09938 (+0.00875) 1.21250 (+0.00562)

3MTH LIBOR/OIS SPREAD (BPs)

30 (+1 BP) 16 (-1 BP) 14 (UNCH)