We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Interest options

7 November 2008 By Mike Prest

The headline interest rate on the E8.2bn capital injection is only 7%. But when you add in an equity kicker, the effective price is nearly 10%. It still looks a touch less than the 10% minimum demanded by the European Commission but that could easily be fixed.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)