2010-02-09 10:03 RPT-MONEY MARKETS-Rates in broad decline on euro zone worries

calendar February 9, 2010

HONG KONG, Feb 9 – Asian money market rates broadly fell on Tuesday as worries that fiscal uncertainties in the euro zone could derail the global economic recovery hurt investor appetite for risky assets. New Zealand overnight indexed rates fell 3 basis points for the 1-year contract to 3.40 percent and by 5 basis points to 5.18 percent for the 5-year tenure. “The move is tied to …

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2010-02-09 10:03 RPT-MONEY MARKETS-Rates in broad decline on euro zone worries

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