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To: John Hunt who wrote (16535)9/27/1998 11:28:00 AM
From: Link Lady  Read Replies (1) | Respond to of 18056
 
Does this have anything to do with TSE (canada) being associated with resource base and is this changing?

TSE gears up for index overhaul

Exchange in talks with New York agency Standard & Poor's
that could lead to new stock groupings
theglobeandmail.com



To: John Hunt who wrote (16535)9/27/1998 8:28:00 PM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Banks to get bond loans

scmp.com

<< The Japanese Government is planning to lend government-held US Treasury bonds to domestic banks as one of its emergency measures to ease difficulties in raising US dollars overseas.

Banks, which will borrow the bonds without collateral at low interest rates, would be able to receive dollar loans from foreign institutions by using the Treasury bonds as collateral, sources said.

Japan's financial instability has led more foreign banks to charge the "Japan premium" - the extra interest Japanese banks have to pay on funds raised overseas - or made them reluctant to extend dollar loans to Japanese banks.

The plan is aimed at reducing the premium and boosting the Japanese stock markets. >>