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Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

Monday, August 11, 2008

Finance ministry to offer PLN 1.4bn in 2 types of T-bills today.





Finance ministry to offer PLN 1.4bn in 2 types of T-bills today. The finance ministry is to offer at an auction today (Aug 11) PLN 700mn in 26-week T-bills and PLN 700mn in 52-week papers. Earlier, the ministry said it would offer on this auction up to PLN 1.5bn in both types of papers. At the previous auction, on Aug 4, the ministry sold 26-week T-bills worth of PLN 1.2bn and 52-week notes worth of PLN 1.2bn, i.e. the entire offers. ISB







For developing countries with limited resources, we could probably do with a little less democracy

Gary Teves, finance secretary of the Philippines, casts an envious glance at the authoritarian regimes of China and Vietnam

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