Bank for International Settlements says world debt borrowings plunged sharply in Q3 2008
Dec 8th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Bank for International Settlements - - the bank for central banks - - said today in its Quarterly Review for December 2008, that borrowing in the world debt securities market plunged sharply in the third quarter of 2008 amid the continued turmoil in financial markets.