Steep asset discounts set for Spain's bad bank: source
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Steep asset discounts set for Spain's bad bank: source

Barcelona : Spain | Oct 23, 2012 at 7:09 AM PDT
Source: Turks and Caicos Free Press
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Spanish lenders will transfer newly constructed housing assets into Spain 's bad bank at an average discount of 52.2 percent of original book value and second-hand housing at an average discount of 47.5 percent, a source with knowledge of the process said on Tuesday. FULL ARTICLE AT Turks and Caicos Free Press
 
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