Swiss authorities reveal cost of Credit Suisse's liquidity lifeline

Swiss authorities reveal cost of Credit Suisse's liquidity lifeline

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Switzerland's authorities revealed the interest rates Credit Suisse (CSGN.S) and UBS (UBSG.S) will pay for the 250 billion Swiss franc ($273.31 billion) emergency lifeline the Swiss banks have been offered. Credit Suisse will pay an interest rate equal to the current Swiss National Bank's policy…

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