Bank of England – Liquidity Support Facility
January 19, 2008 – 6:33 pmThe BofE’s version of the discount window is the Liquidity Support Facility. So far, Northern Rock is the only bank to have used this facility, 8 Billion @ 6.75% Penalty Rate.
Top Bank Bust News- Recent LBO Mega-Deals Have Much Higher Default Rates
- To The SEC: Prove It
- We're Bleeding Jobs, But Blood Loss Is Slowing
- Fannie Mae’s Sale of Tax Credits Is A Bad Deal, Treasury Says
- Credit Agricole’s Pauget May Be Replaced as Chief by Chifflet
- Geithner, Brown Split on Tobin Tax as G-20 Seeks Rebalancing
- RMBS Ratings Proposal Will Determine Insurers’ Capital Requirements
- AIG Taps $4.2 Billion From Treasury for Two Units
- SocGen Has Paid Back State Aid of $5 Billion, Regulator Says
- BarCap Sees ‘Limited Use’ of Fannie’s Deed-for-Lease Program
One Response to “Bank of England – Liquidity Support Facility”
NR is the only one we know about. Others may have used it.
By Cynic on Feb 7, 2008