kicker bleibt overnight.
bis morgen !
noch ne news:
20:24
Europe’s banks have started the new year by rushing to sell their bonds to investors, in an early attempt to replace the hefty amount of financial debt due to mature this year. The region’s lenders face an estimated €700bn wall of debt that needs to be refinanced this year, with most of that falling in the first-quarter of 2012. Last year banks managed to sell €426bn worth of debt in the first half, according to Dealogic data, but issuance slowed to €126bn in the second half because of ongoing eurozone turmoil. If lenders can’t refinance the maturing debt, they are likely to have to shrink their balance sheets – increasing the probability of a credit crunch and recession.
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