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British banks gorge on ECB's cheap credit

Story date: 2007-10-01 05:13:00
Added on: 2007-10-01 21:00:19


Daily Telegraph - Mr Redeker believes the key motive in going to Frankfurt is the certainty of secrecy, rather than the lower interest rate. "Nobody wants to take up the Bank of England's three-month tender because of the stigma. They will be punished immediately by ...


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