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Author:Helk, A.
Title:Mortgage banks learn from newcomers
Journal:Euromoney
2000 : NOV, 379, p. 105-118
Index terms:EUROPE
BONDS
BANKS
Language:eng
Abstract:The unthinkable is happening in European covered bonds. German mortgage banks no longer sneer at any attempt to mimic their market and its proud history of never producing a default. New and sophisticated covered bond laws in France and Luxembourg have improved on the Pfandbrief model. Because of this, German banks are now scrambling to copy other issuers' refinements. Lack of uniformity is still a problem. International investors must comb through the different laws and regulations.
SCIMA record nr: 222426
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