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Something To Talk About
When the Federal Deposit Insurance Corporation (the "FDIC") issued its Interim Final Covered Bond Policy Statement on April 15, 2008, they gave the market something to talk about, and talk they did. While applauding the FDIC for its effort to provide greater certainty for covered bonds in the United States, commentators generally believe the policy statement falls short of what's needed in order for a vibrant market to develop.
United States
28 Aug 2008
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