Friday, February 5, 2010

It’s all about the ratings

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 (956 views)
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One thought on “It’s all about the ratings

  • fallingbuzzard says:

    Wow, only £30bn to be refinanced in 2010? Even the BOE could eat up those “high quality” private sector assets!

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