Auction troubles to boost liquidity costs for issuers (Washington Post)
Story date: 2008-02-22 08:01:09
Added on: 2008-02-22 23:12:38
NEW YORK (Reuters) - Prices for standby purchase agreements and other liquidity products have already doubled or tripled in recent months and turmoil in the $330 billion auction-rate market may push them higher, issuers said on Friday.
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