Covered Bonds Seen Replacing MBS In Chile

08 Apr 2011

Jose De Gregorio, president of Banco Central de Chile, says covered bonds are poised to replace mortgage-backed securities as the dominant form of financing for housing in the country.

Jose De Gregorio, president of Banco Central de Chile, says covered bonds are poised to replace mortgage-backed securities as the dominant form of financing for housing in the country. Speaking at meeting of bankers, De Gregorio said the covered bond, which has been permitted in Chile since last ...

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