EU Extends Bank Bond Program

14 May 2010

The finance ministers of the European Union member states have decided to extend a bank bond selling program beyond the current June 30 expiration date.

The finance ministers of the European Union member states have decided to extend a bank bond selling program beyond the current June 30 expiration date. The program whereby banks were able to sell government-guaranteed bonds began after Lehman Brothers Holdings collapsed in September 2008, and has been a ...

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