News

March 22, 2008

BoE denies mortgage security buyout plan (Reuters)

Filed under: Real Estate — Admin @ 10:05 am

The Bank of England building is seen in central London March 20, 2008. (Toby Melville/Reuters)Reuters - The Bank of England denied a report in
the Financial Times on Saturday that it was proposing using
public funds to make mass purchases of mortgage-backed
securities in order to ease the credit crisis.

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