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Essay

UK Mortage Securities

Essay specific features

 

Issue:

Business

 

Written by:

Robert E

 

Date added:

June 23, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 662

 

Was viewed:

3861 times

 

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Essay content:

Based on conversations with commercial banks, the Bank expects to swap ?50bn assets in the first couple of months. With stiff conditions on the deal and a high price on use of the facility, the Bank believes it has ensured only a minimal risk for taxpayers. It wants financial markets to be sure that solvent British banks will be able to settle their debts in future without any fear they will be struck down by shortages of liquidity...
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Based on conversations with commercial banks, the Bank expects to swap ?50bn assets in the first couple of months. With stiff conditions on the deal and a high price on use of the facility, the Bank believes it has ensured only a minimal risk for taxpayers. It wants financial markets to be sure that solvent British banks will be able to settle their debts in future without any fear they will be struck down by shortages of liquidity...
displayed 300 characters

General issues of this essay:
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