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Permanent Fund to raise rates for state bank lending

...in January were 0.24 percent for a three-month CD, compared to the 1.4 percent LIBOR, a commonly used inter-bank lending rate. A one-year Alaska CD would go for 0.68 percent, while LIBOR was at 2 percent. The difference between...

http://www.juneauempire.com/stories/011609/loc_378021231.shtml
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