Reuters reports sources as saying more than 10 Italian banks may apply for the ECB's new 3 year loans tomorrow. As collateral, the lenders are interested in presenting bank bonds issued with state guarantees, according one of the sources. Expectations for this operation are seemingly ratcheted up as high or higher than any of the EU world-saving summits from this year.
Expectations for tomorrow's results of the ECB's first offering of unlimited 3 year loans (LTRO) are growing exponentially, with some forecasts for the take-up rising as high as EU600B. Alongside those expectations are hopes this will be the crisis-ending bazooka as bankers take the near-free money and play the "Corzine trade" by buying sovereign paper.
狗仔卡
发表于 2011-12-20 04:00 PM
发表于 2011-12-20 04:01 PM
发表于 2011-12-20 04:04 PM
