The immediate cause of the spike in the interbank market appeared to be an announcement by BNP Paribas, a French bank, that it was suspending withdrawals from funds invested in illiquid (and thus hard-to-value) credit securities.
The immediate cause of the spike in the interbank market appeared to be an announcement by BNP Paribas, a French bank, that it was suspending withdrawals from funds invested in illiquid (and thus hard-to-value) credit securities.
这句话意思翻译的不是很清楚，巴黎银行所做的是：禁止投资人从投资信贷证券的基金中撤资。