Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Cajas call for extension to Government bond issue

Source: El Pais - Mon 26th Sep 2011

Spain's El Pais daily newspaper has reported how Spanish banks and regional cajas have asked the government to extend their government-backed bond issues for a further six months of more following the current December deadline.

The country's lenders currently hold 61.6 billion euros in bonds and are now having difficulties financing themselves, and would issue an additional 70 billion euros of government-backed bonds, according to the paper.

It is also reported that both lenders and cajas may have requested Spain's deputy finance minister Jose Manuel Campa for the extension to the December deadline.

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs