Bloomberg News

Euribor Futures Fall as Draghi Says ECB Didn’t Discuss Rate Cut

May 03, 2012

Euribor futures declined as European Central Bank president Mario Draghi said officials didn’t discuss an interest-rate cut.

The implied yield on the contract expiring in June rose three basis points to 0.625 percent as of 1:50 p.m. London time.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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