FRANKFURT, March 31 (Reuters) - The three-month Euribor bank-to-bank euro lending rate hit a fresh record low on Tuesday, as it sank to within touching distance of 1.5 percent.
The three-month Euribor rate, traditionally the main gauge for interbank euro lending and a mix of interest rate expectations and banks' appetite for lending, fell to 1.510 percent from Monday's previous record low of 1.520 percent.
The six-month Euribor also dropped to a fresh low, falling to 1.670 percent from 1.680 percent.
The shorter term one-week rate fell back under 1 percent, to 0.999 percent as it slid for the third session running and continued to reverse last week's run of gains.
The easing in money market rates over the past few months have come as the European Central Bank has slashed official interest rates at a record pace and flooded money markets with billions of extra euros to shore up confidence
