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Sovereign debt rule change ‘could prompt €1.1 trillion rebalancing’

November 21, 2014

Includes “More than a trillion euros of government bonds may have to change hands if eurozone regulators press ahead with ambitions to toughen rules governing banks’ sovereign debt holdings, new analysis shows, the Financial Times reported. A limit on banks’ exposure to their own government’s debt could prompt a €1.1tn rebalancing of euro area sovereign debt portfolios, mostly away from banks’ home governments, according a report from Fitch Ratings.”

Read the full article on: Global INSOLvency

 
 
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