Spanish life, economy and politics - what the foreigners don't know and the locals won't confess to
How serious is the bank funding situation in Spain? Last week, BBVA was unable to renew $1 billion in commercial paper funding.More generally, what are your thoughts on Euro commercial paper rate surge?http://www.zerohedge.com/article/euro-commercial-paper-rates-surge-debt-roll-troubles-become-acute
Obviously, the ECB is going to be in the bank funding game for much longer than they planned.
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How serious is the bank funding situation in Spain? Last week, BBVA was unable to renew $1 billion in commercial paper funding.
More generally, what are your thoughts on Euro commercial paper rate surge?
http://www.zerohedge.com/article/euro-commercial-paper-rates-surge-debt-roll-troubles-become-acute
Obviously, the ECB is going to be in the bank funding game for much longer than they planned.
Post a Comment