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Central Banks
ECB denies report of looser Greek collateral

ECB denies report of looser Greek collateral

Central Banks
Jamie Coleman
12/11/2012 | 20:45 GMT

According to a Bloomberg headline.

If that is true, Greece will have scramble to find buyers for enough bills to cover the EUR 5 bln in bonds coming due on Friday as Greek banks do not have enough good collateral to cover the whole amount.

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