Big European Banks To Snub Sovereign Debt

26 Jan 2012

Large European banks are unlikely to use loans they secured from the European Central Bank’s three-year lending facility to purchase sovereign debt because of its volatility, according to Standard & Poor’s.

Large European banks are unlikely to use loans they secured from the European Central Bank’s three-year lending facility to purchase sovereign debt because of its volatility, according to Standard & Poor’s.

Click here to read the story from Reuters.

...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.