BMO Financial Group Issues Statement Regarding the Canadian Asset-Backed Commercial Paper Market
BMO Financial Group (TSX: BMO, NYSE: BMO), today confirmed that it will continue to support its existing commitments to provide liquidity to its own bank-sponsored asset-backed commercial paper programs.
In addition, BMO is supportive of the industry restructuring and orderly resolution of the non-bank asset-backed commercial paper market in Canada that was announced this morning.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.