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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 18, 2008

Finance ministry to offer PLN 1.0bn in 2 types of T-bills today.





Finance ministry to offer PLN 1.0bn in 2 types of T-bills today. The finance ministry is to offer PLN 500mn in 26-week T-bills and PLN 500mn in 52-week papers today (Aug 18). Earlier, the ministry said it would offer on this auction up to PLN 1.0bn of both types of securities. At the previous auction, on Aug 4, the ministry sold PLN 0.7bn in 26-week T-bills and PLN 0.7bn in 52-week notes, i.e. the entire offers of these papers. ISB







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