S&P squeezes headroom for Dutch covered bond issuers
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Covered Bonds

S&P squeezes headroom for Dutch covered bond issuers

Standard & Poor’s has dealt a blow to the Dutch covered bond market by downgrading several of its banks’ issuer ratings, chiefly because of the country’s prolonged property market correction. But the move should only have a limited effect on the Dutch covered bond market, say analysts.

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