Seeking Alpha

The Bank of Spain brushes aside as insignificant reports it has activated an emergency lending...

The Bank of Spain brushes aside as insignificant reports it has activated an emergency lending program (ELA) to fund the deposit-losing banking system. Under an ELA, banks can borrow directly from their national central bank, bypassing the ECB and its (already loose) collateral requirements. Previously, Greece, Ireland, and Portugal have used the ELA.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|