- This topic has 30 replies, 3 voices, and was last updated 16 years, 5 months ago by
gdcox.
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April 21, 2008 at 1:28 PM #191602April 21, 2008 at 1:29 PM #191640
34f3f3f
ParticipantApril 21, 2008 at 1:29 PM #191581ParticipantApril 21, 2008 at 1:29 PM #191597ParticipantApril 21, 2008 at 1:29 PM #191550ParticipantApril 21, 2008 at 1:29 PM #191523ParticipantApril 22, 2008 at 9:33 AM #192258ParticipantJust heard on BBC World last night that the swap is temporary (three years), after which everything is swapped back. It is just a measure to stimulate inter bank lending, and the credit market by improving banks’ credit ratings.
April 22, 2008 at 9:33 AM #192287ParticipantJust heard on BBC World last night that the swap is temporary (three years), after which everything is swapped back. It is just a measure to stimulate inter bank lending, and the credit market by improving banks’ credit ratings.
April 22, 2008 at 9:33 AM #192316ParticipantJust heard on BBC World last night that the swap is temporary (three years), after which everything is swapped back. It is just a measure to stimulate inter bank lending, and the credit market by improving banks’ credit ratings.
April 22, 2008 at 9:33 AM #192330ParticipantJust heard on BBC World last night that the swap is temporary (three years), after which everything is swapped back. It is just a measure to stimulate inter bank lending, and the credit market by improving banks’ credit ratings.
April 22, 2008 at 9:33 AM #192376ParticipantJust heard on BBC World last night that the swap is temporary (three years), after which everything is swapped back. It is just a measure to stimulate inter bank lending, and the credit market by improving banks’ credit ratings.
April 22, 2008 at 1:56 PM #192563gdcox
ParticipantGraham
The BOE will just sit on the securities. It is a clever scheme with essentially little or no risk to the tax payer. Despite what the politicians say, it has been designed personally by the Governor of the BOE just to prevent a solvent bank from going out of business for liquidity reason. It will have little or no impact on the mortgage market and is designed to be that way through the high fees charged. The BOE wants the housing market to come down naturally to where it should be without the effects of the lending frenzies that were prevalent (htough not as bad as in San Diego!
April 22, 2008 at 1:56 PM #192589ParticipantGraham
The BOE will just sit on the securities. It is a clever scheme with essentially little or no risk to the tax payer. Despite what the politicians say, it has been designed personally by the Governor of the BOE just to prevent a solvent bank from going out of business for liquidity reason. It will have little or no impact on the mortgage market and is designed to be that way through the high fees charged. The BOE wants the housing market to come down naturally to where it should be without the effects of the lending frenzies that were prevalent (htough not as bad as in San Diego!
April 22, 2008 at 1:56 PM #192621ParticipantGraham
The BOE will just sit on the securities. It is a clever scheme with essentially little or no risk to the tax payer. Despite what the politicians say, it has been designed personally by the Governor of the BOE just to prevent a solvent bank from going out of business for liquidity reason. It will have little or no impact on the mortgage market and is designed to be that way through the high fees charged. The BOE wants the housing market to come down naturally to where it should be without the effects of the lending frenzies that were prevalent (htough not as bad as in San Diego!
April 22, 2008 at 1:56 PM #192635ParticipantGraham
The BOE will just sit on the securities. It is a clever scheme with essentially little or no risk to the tax payer. Despite what the politicians say, it has been designed personally by the Governor of the BOE just to prevent a solvent bank from going out of business for liquidity reason. It will have little or no impact on the mortgage market and is designed to be that way through the high fees charged. The BOE wants the housing market to come down naturally to where it should be without the effects of the lending frenzies that were prevalent (htough not as bad as in San Diego!
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