Euribor interbank euro rates ease further
FRANKFURT, Oct 13 (Reuters) - Benchmark bank-to-bank interest rates for lending in euros fell across the board on Monday, as recent changes made by the European Central Bank to lending rules and benchmark rates continued to make an impact.
The key three-month Euribor rate EURIBOR3MD=, covering the end-of-year period, fell for the second consecutive day to 5.318 percent from 5.381 percent, continuing its retreat from a month-long upward march which took rates to their the highest level since late 1994.
The one-week equivalent EURIBORSWD= fell for the third session running to 4.369 percent from 4.629 percent while six-month rates EURIBOR6MD=, which had been at 14-year highs until last week, also fell, fixing at 5.367 percent from 5.431 percent.
Euribor rates are fixed daily by the Banking Federation of the European Union (FBE) shortly after 0900 GMT and the one-week rate compares with the European Central Bank's main refinancing rate of 3.75 percent.
Three-month rates form a benchmark for much short-term commercial lending in Europe, and one-week rates give an indication of banks' very short term financing conditions. * 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 49 69 7565 1209; editing by David Stamp)
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