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Old 07-30-2008, 10:53 AM   #1
CityGuy
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Join Date: Mar 2006
Location: Manhatten
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Question What are "covered" bonds

I heard Europe has had covered bonds for a long period of time and that these bonds help stabalize their economy because they are large and liquid enough to generate interest from large investment funds.

So why are covered bonds not in the U.S?
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