Banks post €5bn of notes as collateral
BANK of Ireland and AIB posted €5bn of government-backed notes as collateral for cash from the European Central Bank. AIB said it listed €2.5bn of three-month fixed-rate notes, while BoI said it listed the same amount of three-month floating-rate notes. The ECB, which has €132bn of cash in Irish banks, changed its collateral guidelines on January 1 and will now only accept euro denominated securities.
View full post on All Stories
Loading...
Related Video Search