Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
US bank 3-mo funding rates at 2.8155 pct - ICAP
NEW YORK, July 28 (Reuters) - Three-month borrowing rates for U.S. banks fell to 2.8155 percent on Monday, from 2.8182 percent Friday, higher than the comparable benchmark Libor rate, according to ICAP's New York Funding Rate.
ICAP's 3-month NYFR USNYFR3M= compares with a 3-month dollar-denominated London interbank offered rate USD3MFSR= of 2.79625 percent.
ICAP's one-month NYFR USNYFR1M= rose to 2.4955 percent from 2.4864 percent on Friday, it said. That compares with a one-month dollar-denominated Libor rate USD1MFSR= of 2.46250 percent. (Reporting by John Parry; Editing by James Dalgleish)
