3-mth dollar Libor marks record low; euro edges up

LONDON, Nov 3 (Reuters) - The interbank cost of borrowing
dollars for three months marked a record low on Tuesday but the
equivalent euro and sterling rates edged up, the latest daily
fixing from the British Bankers' Association showed.

The spread of three-month London interbank offered rates
over OIS rates for dollars stayed unchanged at 14 basis points,
while that for euros narrowed 2 basis points to 22 bps. The
sterling spread widened 1 bp to 23 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 0.28375 (-0.00250) 0.50500 (+0.00000) 0.17750 (+0.00000)
1WK 0.33125 (+0.00250) 0.50938 (+0.00000) 0.22000 (+0.00000)
2WK 0.34250 (+0.00000) 0.50875 (+0.00000) 0.23188 (-0.00062)
1MO 0.39000 (+0.00375) 0.51438 (+0.00125) 0.24156 (+0.00031)
2M0 0.53125 (-0.00250) 0.53875 (+0.00000) 0.25500 (-0.00094)
3MO 0.67000 (+0.00062) 0.59688 (+0.00188) 0.27813 (-0.00125)
6MO 0.98500 (-0.00125) 0.81500 (+0.00000) 0.56219 (-0.00469)
1YR 1.22125 (-0.00625) 1.17813 (+0.00250) 1.18188 (-0.01312)

3MTH LIBOR/OIS SPREAD (BPs)

22 (-2) 23 (+1) 14 (UNCH)

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