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What are covered bonds?

Richard Rosen

Chicago Fed Letter, 2008, issue Dec, No 257

Abstract: This article explains covered bonds and their usefulness as an alternative to mortgage-backed securities for home financing. The use of covered bonds may increase banks? willingness to issue mortgages, but it can also affect the risk exposure of the deposit insurance fund.

Keywords: Mortgage-backed securities; Bonds (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (1)

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