Bank lending rates 'high'
The fresh billions thrown at the financial system by the Treasury and Bank of England have shown few signs of thawing frozen money markets.
The overnight lending rate between banks fell from 5.81% to 5.6%, but still stands more than 1% above the Bank's official 4.5% rate.
The three-month interbank rate - key for pricing mortgages - fell back only marginally from 6.29% to 6.27%.