U.K. MBS Could Flop, Says Analyst

29 Jan 2009

A U.K. plan to revive the mortgage-backed securities market could fail because of the complexity and the yields may not attract investors, according to Harpreet Parhar, an analyst at Calyon.

A U.K. plan to revive the mortgage-backed securities market could fail because of the complexity and the yields may not attract investors, according to Harpreet Parhar, an analyst at Calyon. Parhar noted that the bonds are likely to offer yields less than investors can find elsewhere, and ...

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