LinkBack URL
About LinkBacksThe trading of European Bank Covered Bonds, basically how banks free up equity for lending, has been suspended until the 26th. No reason has been given but whatever it is will not be good. The market is valued at USD2.8 trillion. www.bloomberg.com
The trading of European Bank Covered Bonds, basically how banks free up equity for lending, has been suspended until the 26th. No reason has been given but whatever it is will not be good. The market is valued at USD2.8 trillion. www.bloomberg.com
Everythings fine, nothing to see here.
Actual morality is doing what is right regardless of what you're told. Religious morality is doing what you're told, regardless of if it's right.
The European interbank liquidity has just ground to a halt! The credit crunch has just landed. They must have discovered some dodgy goings on or a bank/banks telling porkies about the quality of its bond offerings. AIB got knocked back on one of these only yesterday.
The s**t has really hit the fan:Originally Posted by kerrynorth
http://www.bloomberg.com/apps/news?pid= ... refer=home
This seems like quite a big deal, more so than the dollar falling, etc. .
Reply With Quote