Euro bond and Financial Services Compensation Scheme: Difference between pages

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A proposed new debt instrument for the euro zone, also known as a Stability Bond.
(FSCS).


The new instrument would be denominated in euro and issued <u>jointly</u> by a number of relevant countries, for example all of the euro zone countries.
The UK scheme that guarantees certain bank and building society depositors' funds - subject to limits - should the bank or building society fail.


This proposal is sometimes known as 'common issuance' (contrasted with separate sovereign issuance by each individual country as at present).


== See also ==
With effect from 2016, the guaranteed amount in the UK is limited to £75,000.
* [[Eurobond]]
 
(It was previously £85,000.)
 
 
Similar deposit guarantee schemes operate in the majority of developed economies, under different names and with differing conditions and degrees of formality.
 
 
==See also==
* [[BIP]]
* [[Deposit Guarantee Scheme]]
* [[Deposit insurance]]
* [[DGSD]]
* [[International Association of Deposit Insurers]]
* [[Retail]]
* [[Stability]]

Revision as of 12:20, 29 October 2016

(FSCS).

The UK scheme that guarantees certain bank and building society depositors' funds - subject to limits - should the bank or building society fail.


With effect from 2016, the guaranteed amount in the UK is limited to £75,000.

(It was previously £85,000.)


Similar deposit guarantee schemes operate in the majority of developed economies, under different names and with differing conditions and degrees of formality.


See also