SoFFin
Sign in to save200px|right|SoFFin logo The SoFFin (Sonderfonds Finanzmarktstabilisierung - Special Financial Market Stabilization Funds) is a program of the German government with the purpose to stabilize and restore confidence in the financial system. It was created during the 2008 financial crisis on October 17, 2008 by the German Parliament and enacted on October 20, 2008. As of December 31, 2010, it stopped offering new services but continued managing existing guarantees.
Wikidata facts
- Official website
- www.deutsche-finanzagentur.de/de/finanzmarkt-stabilisierung
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~5 min read
Article
5 sectionsContents
- SoFFin guaranteed issues
- SoFFin Equity recapitalizations
- See also
- References
- External links
200px|right|SoFFin logo The SoFFin (Sonderfonds Finanzmarktstabilisierung - Special Financial Market Stabilization Funds) is a program of the German government with the purpose to stabilize and restore confidence in the financial system. It was created during the 2008 financial crisis on October 17, 2008 by the German Parliament and enacted on October 20, 2008. As of December 31, 2010, it stopped offering new services but continued managing existing guarantees.
In November 2011, it was announced that it would be revived for potential new issues if necessary.