21. Banks sell government bonds to the Bundesbank, which in turn lends banks money for two weeks at the repo rate. 22. Banks sometimes sell these stocks and realize the profits to help them cover losses from bad-loan disposals. 23. Banks typically sell at a substantial premium to book value. 24. Banks are not selling dollars, except in rural branches. 25. Banks sell government bonds to the Bundesbank, which in return lends banks funds for two weeks at the repo rate. 26. Banks sell government bonds to the Bundesbank, which in turn lends banks funds at the securities repurchase, or repo, rate. 27. Banks sell government bonds to the Bundesbank, which in turn loans banks funds for two weeks at the repo rate. 28. Banks sell government bonds to the Bundesbank, which in turn loans banks money for two weeks at the repo rate. 29. Banks sell money. 30. Banks are also selling their own shares to generate cash to write off bad loans. |