Three-month sterling Libor was fixed a little lower today, as was the euro. Dollar Libor is a smidgeon higher, probably digesting last week's news that the Fed is scrapping the toxic asset buyback programme having spent $300bn of the allowed $700bn on it.

..................3m Libor......Official rate.......Premium
Sterling --- 4.14875% ----- 3.0% --------- 1.14875%
Dollar ------2.23875% ----- 1.0% --------- 1.23875%
Euro ------- 4.1875% ------ 3.25% -------- 0.9375%