Euribor rates hit record lows

Key Euribor bank-to-bank lending rates hit fresh record lows on Friday, a day after the European Central Bank held interest rates at a record-low of 0.75 percent and said it did not even discuss changing them. The three-month Euribor rate, traditionally the main gauge of unsecured bank-to-bank lending, fell to 0.215 percent from 0.216 percent. Shorter term one-week rates remained at 0.081 percent while overnight Eonia rates rose to 0.095 percent from 0.085 percent.
Dollar-priced bank-to-bank Euribor lending rates also inched down, with three-month rates falling to 0.61750 percent from 0.63077 percent and overnight dollar rates edging down to 0.30750 percent from 0.31000 percent.