Reprieve for conduit banks avoids large-scale liquidity drawA last-ditch reprieve for the asset-backed commercial paper market late last year saved European banks running securitization conduits from a huge drawing on their liquidity reserves — but details of the fix are still being hashed out.

A last-ditch reprieve for the asset-backed commercial paper market late last year saved European banks running securitization conduits from a huge drawing on their liquidity reserves — but details of the fix are still being hashed out.https://www.globalcapital.com/article/b1clh5h07g3y4n/reprieve-for-conduit-banks-avoids-large-scale-liquidity-draw[Collection]