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Property debt sale urged by Bank

Language: English Series: Financial Times ; 2 June 1993, 8 | Daily Telegraph ; 2 June 1993, 23 | CSW - The Property Week ; 43(10) 3 June 1993, 4(2)Publication details: 1993Subject(s): Summary: Addressing the Association of Property Bankers, an associate director of the Bank of England suggested banks sell their loans to property companies as property-backed bonds. He also broached means by which closer understanding may be achieved.

Addressing the Association of Property Bankers, an associate director of the Bank of England suggested banks sell their loans to property companies as property-backed bonds. He also broached means by which closer understanding may be achieved.