US market prepares for 2011 onslaught

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US market prepares for 2011 onslaught

The US dollar covered bond market restarted in impressive fashion in 2010 on the back of strong domestic demand, opening up a new investor base for Canadian and European issuers eager to diversify their funding. Supply is projected to double in 2011, though the dollar market faces some daunting hurdles. Steven Gilmore reports.

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