The US Dollar Covered Bonds Roundtable 2010

Covered bonds have never attracted such attention in the United States as they have during 2010. Part of that is due to legislation, wending its way through Congress — and put forward by roundtable participant Representative Scott Garrett — that promises to create a domestic legal covered bond framework for the first time. With the country’s housing finance system set for a shake-up, US domestic covered bonds could soon become a fixture of the country’s capital markets — and that is starting to win attention from a wide variety of investors.