Libor Watch
Following the interest in the Libor rate story, we will give a weekly update of the Libor rate until it settles down.
The three month sterling Libor rate was 4.15% on Monday 17th November.
This leaves it 1.15% above base, compared to the 1.06% it was above base before the 1.5% cut in rates.
Previously:
The three month sterling Libor rate was 4.42% on Monday 10th November, down from 4.50% on Friday 7th November..
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