Canadian Covered-Bond Regs May Boost Issuance Costs

Proposals by the Canadian government to exclude the use of insured mortgage from regulated covered bond will likely increase the cost of future issuance because of higher credit-enhancement levels, according to Fitch Ratings.

  • 27 Apr 2012
Proposals by the Canadian government to exclude the use of insured mortgage from regulated covered bond will likely increase the cost of future issuance because of higher credit-enhancement levels, according to Fitch Ratings. Fitch also noted that the proposal could result in a contract in available credit, which ...

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3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
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