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View Full Version : RBS Said to Scrap Sale of Bonds Backed by Own Derivative - Bloomberg



NewsWhore
04-03-2012, 07:10 PM
RBS Said to Scrap Sale of Bonds Backed by Own Derivative (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHpAV8_exLPPgZQ8dyYj9Du8siUbQ&url=http://www.bloomberg.com/news/2012-04-03/rbs-said-to-scrap-sale-of-bonds-backed-by-own-derivative.html)
Bloomberg
RBS planned to sell the Score bonds in UK currency totaling 130 million pounds. Here's how the deal was supposed to work, according to the bank's presentation: RBS first would estimate its “credit-risk exposures” on derivatives trades with about 230 ...

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