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The Eurocurrency Lending Market
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activity Argentina Average BankAmerica Corp Bankers Trust N.Y. banking companies billion borrowers Brazil capital charter Chase Manhattan Corp Chemical N.Y. Corp Chicago Corp Citicorp commercial banks consortia banking Continental Illinois Corp contracted spreads corporate credit demand currency lending current account deficit decline domestic estimated Eurocurrency lending Eurocurrency market Eurodollar Euromarket expected fees financing foreign banks foreign exchange markets foreign exchange revenue higher-income countries impact increased indigenous lending interbank deposit interbank rate interest spreads international banking international credit international earnings J. P. Morgan Japan larger banks largest lending to less less developed countries LIBOR loan loss loss experience major U.S. banks Manufacturers Hanover Corp medium-term million DWT money markets National Boston Corp non-oil LDCs overseas petrodollar recycling profitability projected quarter rates reflecting Salomon Brothers Saudi Arabia segment short funding Source TABLE tanker lending Total Earnings trade Trust N.Y. Corp U.S. dollar U.S. multinational banks Western Europe World Bank yield curve