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Carnegie: Information about Carnegie's Exposure Towards Icelandic Assets.


STOCKHOLM, Sweden -- Regulatory News:

Carnegie (STO:CAR) has an equity loan in Icelandic currency that is currently valued at SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 40m. This loan is fully collateralized by Icelandic government bonds.

In addition, Carnegie has business relations with institutions with links to Iceland. None of these positions includes assets in Icelandic securities, and Carnegie has no net exposure to Icelandic counterparties Counterparties

The parties on either side of an interest rate swap or a currency, equity or commodity swap, or to an options or futures position.
.

Carnegie is a leading independent investment bank with Nordic focus. Carnegie provides value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  in securities brokering, investment banking, asset management, and private banking, as well as pension advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 to institutions, corporations and private clients. Carnegie has approximately 1,100 employees in eight countries and is listed on the Nordic Exchange.

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Publication:Business Wire
Date:Oct 6, 2008
Words:124
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