Paulson fires starting gun for US market
Treasury secretary Hank Paulson aimed to kick-start the US covered bond on Monday when he laid out guidelines for issuance in a co-ordinated move with regulators, current and potential issuers, and intermediaries. Some market participants are now hopeful that several issues could emerge this year, with three new issuers in the pipeline. See EuroWeek on Friday for details about the Best Practice guide.
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