Oct. 22 (Bloomberg) -- The Dutch state's 200 billion-euro ($258 billion) credit guarantee plan, implemented to help restore the funding of financial companies, will run through the end of next year.

The plan ``will restore the funding of financial institutions, thereby safeguarding corporate and household loans,'' the Dutch State Treasury Agency said in a statement late yesterday. Dutch banks will be able to get state backing for ``non-complex'' senior unsecured loans such as ``plain vanilla'' commercial paper, certificates of deposits and medium-term notes, with maturities ranging from 3 months to 36 months, the agency said.

The guarantee follows a plan announced Oct. 9 by the Dutch government to make 20 billion euros available to banks and insurers to boost liquidity and strengthen capital. ING Groep NV, the biggest Dutch financial-services firm, said on Oct. 19 it would draw 10 billion euros from the fund after forecasting a loss for the third quarter.

To contact the reporter on this story: Martijn van der Starre in Amsterdam at vanderstarre@bloomberg.net

Last Updated: October 22, 2008 03:19 EDT