The News Review:
- Fed’s TAF auctions 50 bln usd 28-day loans at 2.615 pct
- ECB allots 15 bln usd at usd term auction facility
- Unsold mega-mansions hit the auction block
Fed’s TAF auctions 50 bln usd 28-day loans at 2.615 pct
Forbes – Mar 25, 2008
That is above the 2. 25 pct Fed funds target rate and 2. 5 pct discount window rate.
Related: Equity Loans as Next Round in Credit Crisis
ECB allots 15 bln usd at usd term auction facility
Forbes – Mar 25, 2008
It said bids totaled 31. 237 bln usd and the total number of bidders was 34. The facility expires on April 24.
Related: Delphi can auction damper assets
Unsold mega-mansions hit the auction block
CNN – Mar 25, 2008
Unsold mega-mansions hit the auction block – Fort Lauderdale (1) – CNNMoney. These luxury homes were languishing on the market, or in builder inventories, as Florida real estate imploded. Now Sotheby’s is hoping to auction them off at an event on March 28. The owners no doubt have their fingers crossed.