CDS spreads tighten on Tarp repayment promises

On June 9, the Treasury granted permission to 10 of the largest financial institutions participating in its Capital Purchase Program - a component of the Tarp in which the Treasury committed to purchasing up to $250 billion of senior preferred shares of qualified financial institutions - to repay a combined total of $68 billion.

The Treasury did not disclose which banks were eligible for repayment, but JP Morgan confirmed today that it would repay the full $25 billion preferred investment it

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: