BMO Financial Group Issues Statement Regarding the Canadian Asset-Backed Commercial Paper Market
WEBWIRE – Friday, August 17, 2007
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.
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