News Headline Summary
ECB's Makuch says Cypriot banks have collateral to qualify for ELA loans
- No immediate concerns about ELA aid for Cyprus.
Analysis details (01:30)
- The comments on Cypriot banks' access to the ELA follow similar concerns for Greece, wherein the ECB are said to have decided that Greek banks' ABS holdings are of enough value to fill the collateral gap from their T-bills.
15 Nov 2012 - 01:04
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts