3-mth dollar Libor hits record low, euro rate eases

LONDON, Nov 2 (Reuters) - The interbank cost of borrowing
dollars for three months marked a fresh record low on Monday but
the equivalent rate for sterling funds inched up, the latest
daily fixing from the British Bankers' Association showed.

Three-month euro Libor also edged lower.

The spread of three-month London interbank offered rates
over OIS rates for dollars edged out slightly, while that for
euros narrowed and for sterling remained unchanged.

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 0.28625 (-0.02125) 0.50500 (+0.00000) 0.17750 (-0.00125)
1WK 0.32875 (+0.00250) 0.50938 (+0.00000) 0.22000 (-0.00125)
2WK 0.34250 (+0.00000) 0.50875 (+0.00000) 0.23250 (-0.00125)
1MO 0.38625 (-0.00250) 0.51313 (+0.00125) 0.24125 (-0.00225)
2M0 0.53375 (+0.00000) 0.53875 (+0.00500) 0.25594 (-0.00187)
3MO 0.66938 (-0.00250) 0.59500 (+0.00375) 0.27938 (-0.00125)
6MO 0.98625 (-0.00313) 0.81500 (+0.00750) 0.56688 (+0.00250)
1YR 1.22750 (-0.00250) 1.17563 (+0.00375) 1.19500 (-0.00438)

3MTH LIBOR/OIS SPREAD (BPs)

24 (-1) 22 (UNCH) 14 (+1)

For RICs to the above rates, go to <0#LIBORSUPERRICS>.
(Reporting by George Matlock)