Central Bank suggested banks issue bonds to be bought by each other, David Drumm trial hears

The Central Bank suggested that Irish banks issue bonds on the understanding they would be bought by each other to promote confidence in the markets, a court has heard.

Central Bank suggested banks issue bonds to be bought by each other, David Drumm trial hears

By Sarah-Jane Murphy

The Central Bank suggested that Irish banks issue bonds on the understanding they would be bought by each other to promote confidence in the markets, a court has heard.

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