G Godfather Registered User Messages 602 28 Sep 2010 #1 From this article: "Anglo’s subordinated debt, guaranteed by the Government until September 29, was downgraded to ‘Caa1’ from ‘Ba1.’ " Why is it guaranteed until September 29th if deposits are guaranteed until end of the year?
From this article: "Anglo’s subordinated debt, guaranteed by the Government until September 29, was downgraded to ‘Caa1’ from ‘Ba1.’ " Why is it guaranteed until September 29th if deposits are guaranteed until end of the year?
A ardmacha Registered User Messages 264 28 Sep 2010 #2 The original guarantee expires now, the extension has slightly different conditions. Subordinated debt, by definition, ranks below a deposit.
The original guarantee expires now, the extension has slightly different conditions. Subordinated debt, by definition, ranks below a deposit.
T theresa1 Registered User Messages 1,214 17 Nov 2010 #4 http://www.independent.ie/business/...c-over-state-bailout-speculation-2421882.html - not specifically Anglo but is the last sentence incorrect in this article? i.e. before Sept 29, 2010 bit. Is it not June 30, 2011 for term deposits even if opened this month or next at the latest?
http://www.independent.ie/business/...c-over-state-bailout-speculation-2421882.html - not specifically Anglo but is the last sentence incorrect in this article? i.e. before Sept 29, 2010 bit. Is it not June 30, 2011 for term deposits even if opened this month or next at the latest?