Euribor Continues High After Fed Loan Program Announcement
Spread bets and CFDs on interest ratesRight now, the euribor is at highs not seen for more than seven years, just after the US Federal Reserve announced its intention to allow additional firms on Wall Street to take advantage of its emergency loan program. The euribor is similar to the libor: It’s an interbank lending rate. The euribor, though, is denominated in euros. There is also a British libor and an American libor. See AlsoSpread Bets on Interest Rates Spread betting on rates
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Tags: Bank, Federal Reserve, Loan, UK, Wall Street