Senate debates

Wednesday, 26 November 2008

Guarantee Scheme for Large Deposits and Wholesale Funding Appropriation Bill 2008

In Committee

6:18 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

I am informed that, to this point, there are 16 institutions that have indicated they will be using the facility. No figures have been given yet as to the extent to which they will be entering into borrowings in, for example, the wholesale market.

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