Legislation has the edge over structured
The spread between obligations foncières and other French covered bonds has underlined the power of legislation, and the UK hopes its own new framework will pay off. But recent developments suggest a more complicated picture. The Canadian regulator, for one, has yet to be won over, and structured issuance in Germany has finally emerged.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: