Eurozone leaders have intervened in bond markets to shore up the finances of debt-ridden Italy and Spain earlier this week.
But the liquidity in this titanic market is essential for the government's financing of its debt.
And now what was originally a temporary arrangement has been turned into something more permanent.All along, the authorities have denied that this process represents "monetisation" (the monetary financing of government debt), which is something of a taboo in central banking.
Moreover, unlike other non-euro area sovereigns that carry similarly high ratings, France does not have access to a national central bank for the financing of its debt in the event of a market disruption.
FPL won't get specific, but it is likely that this assumes financing of half debt, half equity.
"We're just seeing the tip of the iceberg," says Paul Latham, the finance director of Debt Free Direct.
Miles, who is currently finance director of debt management company Capquest Group, will join Wonga before the end of the year, the company said.
This is, in large part, due to the financing of extortionate PFI debts projected to rise above £79bn despite the original cost of the hospitals being around £11bn.
This new capital brings Shift's total financing of equity and debt to $265 million.
The steps, which G.M. said would be complete by the end of the year, would help shore up the finances of the debt-laden Isuzu, one of the weakest of Japan's car and truck manufacturers.
The Fed could also invest directly in such things as infrastructure bonds, and underwrite a re-financing of the debt that is strangling Puerto Rico's economy.
