SAN FRANCISCO DexiaSA, the Franco-Belgian bank that owns bond insurer Financial Security Assurance Inc., yesterday gave a $5 billion line of credit to a unit that issues guaranteed investment contracts, in a move to demonstrate its determination to maintain the unit's liquidity.

"This business has ample liquidity to meet its obligations, but, within a context of highly nervous financial markets, we want to remove any doubt that we will have the resources to hold investment assets to maturity," Robert P. Cochran, chief executive officer of FSA Holdings, said in a release.

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