After aircraft Pfandbriefe, why not SMEs?

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After aircraft Pfandbriefe, why not SMEs?

July 13, 2012 12:00 AM

This week’s first ever Pfandbrief backed by aircraft leases has been warmly received. But amid the fanfare for the issuer, NordLB, there are concerns over the security of the assets involved that in turn are stoking debate over what assets should be eligible for covered bond funding.

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