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Three month Euribor falls to 4.966 percent

Fri Aug 8, 2008 5:06am EDT
 FRANKFURT, Aug 8 (Reuters) - The three-month Euribor rate
fell further away from a seven-and-a-half year high on Friday,
fixing at 4.966 percent from Thursday's level of 4.968 percent.
 Three month Euribor EURIBOR3MD=, the key gauge of
unsecured euro lending rates between European banks, hit its
highest level since December 2000 on Monday, reaching 4.970
percent.     
 The one-week Euribor rate EURIBORSWD= also edged down,
fixing at 4.396 from Thursday's mark of 4.397 percent.
 The rates compare with the 4.25 percent minimum bid rate on
the European Central Bank's weekly refinancing tenders.
 Three-month rates form a benchmark for near-term commercial
lending in Europe, and one-week rates give an indication of
banks' very short term financing conditions.
 Euribor rates are fixed daily by the Banking Federation of
the European Union (FBE) shortly after 0900 GMT.
 * For a table of the latest Euribor fixings for terms of one
week to one year, double click on EURIBOR=
 * For a table of the previous day's fixings of EONIA swap
rates, which show market expectations for future overnight
lending rates, double click on EONIAINDEX
 * For graphs of historic Euribor and EONIA swap rates, right
click on the links in angle brackets below, and select 'Related
Graph'
 1 week    EURIBORSWD=    EONIAINDEXSW=
 2 week    EURIBOR2WD=    EONIAINDEX2W=
 3 week    EURIBOR3WD=    EONIAINDEX3W=
 1 month   EURIBOR1MD=    EONIAINDEX1M=
 2 month   EURIBOR2MD=    EONIAINDEX2M=
 3 month   EURIBOR3MD=    EONIAINDEX3M=
 4 month   EURIBOR4MD=    EONIAINDEX4M=
 5 month   EURIBOR5MD=    EONIAINDEX5M=
 6 month   EURIBOR6MD=    EONIAINDEX6M=
 7 month   EURIBOR7MD=    EONIAINDEX7M=
 8 month   EURIBORS8M=    EONIAINDEX8M=
 9 month   EURIBOR9MD=    EONIAINDEX9M=
 10 month  EURIBOR10MD=   EONIAINDEX10M=
 11 month  EURIBOR11MD=   EONIAINDEX11M=
 1 year    EURIBOR1YD=    EONIAINDEX1Y=
 
 (Reporting by Frankfurt newsroom;)



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