Libor Rises for First Time in Three Months [Edition 2]

Summary


THE interest rate at which banks lend to each other edged higher today for the first time since the Government bailed out the British banking system more than three months ago.

Three-month sterling Libor ticked up from 2.16938% to 2.17% -- its first rise since the Treasury agreed to plough Pounds 37 billion into Royal Bank of Scotland, Lloyds TSB and HBOS on 13 October.

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Extract


Libor Rises for First Time in Three Months [Edition 2]

It was a stark...

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