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2nd UPDATE: BOE Launches New Standing Facility To Swap MBS - Read More

Date Added: April 21, 2008 01:39:02 PM
LONDON -(Dow Jones)- The Bank of England said Monday it has launched a scheme to allow banks to temporarily swap around GBP50 billion of mortgage-backed and other securities for nine-month U.K. Treasury bills to ease the current credit crunch.

Category: Business & Economy » Intellectual Property


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