BY KATE HAYWOOD
It just got more expensive for banks raising money through the Federal Deposit Insurance Corp.'s debt-guarantee program.
On Wednesday, the FDIC began applying higher fees to bank debt that it guarantees through its Temporary Liquidity Guarantee Program, trying to wean financial institutions off its support.
Qualifying financial institutions have sold $124.5 billion of government-backed bonds so far this year, according to the latest figures from data provider Dealogic. Issuance dropped off in February to $24.8 billion, but surged to $52.4 billion in March as banks rushed to sell debt before the new fees kicked in. Sales peaked in December, when ...
Email
Printer Friendly
Order Reprints
![[gascover1]](https://cybercemetery.unt.edu/archive/cop/20110402235345im_/http://si.wsj.net/public/resources/images/OB-NI994_gascov_C_20110401184323.jpg)
![[Car1]](https://cybercemetery.unt.edu/archive/cop/20110402235345im_/http://si.wsj.net/public/resources/images/OD-AF476_Car1_C_20110401011028.jpg)
![[OB-NJ130_gomez1_C_20110402143726.jpg]](https://cybercemetery.unt.edu/archive/cop/20110402235345im_/http://si.wsj.net/public/resources/images/OB-NJ130_gomez1_C_20110402143726.jpg)
![[COBRA]](https://cybercemetery.unt.edu/archive/cop/20110402235345im_/http://si.wsj.net/public/resources/images/NY-AW294_COBRA_C_20110401222208.jpg)
![[jumpropes1]](https://cybercemetery.unt.edu/archive/cop/20110402235345im_/http://si.wsj.net/public/resources/images/OB-NI754_jumpro_C_20110401123242.jpg)
![[NYSCENE6]](https://cybercemetery.unt.edu/archive/cop/20110402235345im_/http://si.wsj.net/public/resources/images/NY-AW330_NYSCEN_C_20110401181946.jpg)
Most Recommended
“"[Working class whites]...;”
“The plan of the left, as so...;”
“A model for the failure of...;”
“One congressman bucking the...;”
“Exactly like the Mafia, unions...;”