I found it interesting that GR mentioned the 12 month ext in last week's PR campaign. What that says to me is that the extension to Sept is agreed, however GR is pushing for more.
If the extended to April 09 by the Oz banks, does this mean the US banks will follow suite?
***disclaimer - when I say agreed I mean verbally or ??? however not put on paper, as this would of had to of been disclosed to the market.
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