(AFX UK Focus) 2008-11-06 03:52 UPDATE 1-Australia’s c.bank to take CP for repo loans (Interactive Investor)
SYDNEY, Nov 6 (Reuters) – Australia’s central bank will begin to accept commercial paper as collateral for loans, the latest in a string of measures to add liquidity to money markets amid a global credit squeeze. The Reserve Bank of Australia (RBA) said on Thursday the move was aimed at easing a logjam in the commercial paper (CP) market, where companies do much of their short-term borrowing. …

IMF backs $16.4bn Ukraine loan (BBC News)
The IMF approves a $16.4bn loan to Ukraine to bolster its economy, which has been shaken by the global financial turmoil.

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