3-mth euro, dollar, stg Libor rates hit new lows

LONDON, July 3 (Reuters) - The interbank cost of borrowing
dollars, euros and sterling hit fresh all-time lows on Friday,
according to the latest daily fixing from the British Bankers'
Association.

The spreads of three-month London interbank offered rates
over OIS rates for dollars and sterling narrowed slightly, while
the equivalent euro spread edged out.

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 0.26625 (-0.00625) 0.54750 (-0.00250) 0.26688 (-0.00125)
1WK 0.42000 (-0.01125) 0.58375 (+0.00000) 0.28250 (-0.00188)
2WK 0.49500 (-0.01000) 0.59625 (-0.00250) 0.28938 (-0.00312)
1MO 0.66750 (-0.03500) 0.64188 (-0.00650) 0.30125 (-0.00313)
2M0 0.85750 (-0.01625) 0.94000 (-0.02150) 0.39875 (-0.00813)
3MO 1.03750 (-0.02250) 1.14125 (-0.02025) 0.55875 (-0.01875)
6MO 1.27250 (-0.01750) 1.37250 (-0.01813) 1.05125 (-0.02750)
1YR 1.45625 (-0.02375) 1.66500 (-0.01750) 1.53125 (-0.04500)

3MTH LIBOR/OIS SPREAD (BPs)

52 (+5) 76 (-1) 36 (-1)
For RICs to the above rates, go to <0#LIBORSUPERRICS>.
(Reporting by Ian Chua)