IKB draws liquidity on conduit, consolidates SIV as angst grips CP

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IKB draws liquidity on conduit, consolidates SIV as angst grips CP

IKB Deutsche Industriebank moved to contain its US subprime mortgage exposure this week, as it drew liquidity lines on its Rhineland asset backed commercial paper conduit and consolidated its Rhinebridge structured investment vehicle on to its balance sheet.

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