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Mecklai graph: Is the eurozone credit crunch easing?

Mecklai graph of the day - Euribor-OIS spread has narrowed down to 52bps from a high of 101 seen in Dec 2011. As seen from the above graph, the Euribor-OIS spread has been rising since August 2011 when the credit situation deteriorated.

March 14, 2012 / 16:55 IST
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Mecklai graph of the day - Is the Euro-zone credit crunch easing

Euribor-OIS spread has narrowed down to 52bps from a high of 101 seen in Dec 2011. As seen from the above graph, the Euribor-OIS spread has been rising since August 2011 when the credit situation deteriorated. However ECB head Draghi

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first published: Mar 14, 2012 02:00 pm

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