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Brokerage HSBC offers to buy back auction-rate securities - Boston Globe

Story date: 2008-06-23 09:15:00
Added on: 2008-06-24 02:00:20


HSBC Holdings PLC's US securities arm became the first major brokerage to offer to buy back auction-rate securities from customers unable to sell since that market froze in February. HSBC Securities USA will buy all its clients' municipal bonds and ...


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