Friday, Feb 05, 2010
It's all about the ratings
FT: Next up for Europe, covered bond catastrophe?
Covered bonds are a circa €2 trillion market.
Europe is the biggest issuer of such debt.
And Europe is in trouble.
Posted by devo @ 09:17 PM (612 views) Add Comment
1 Comment
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1. fallingbuzzard said...
Wow, only £30bn to be refinanced in 2010? Even the BOE could eat up those "high quality" private sector assets!