Financial Times FT.com

Covered bonds: a simple – and sensible – solution

Published: November 9 2009 02:00 | Last updated: November 9 2009 02:00

From Prof Lawrence J. White.

Sir, Your article “Stage set for fresh start in US covered bond issuance” (November 5) mentions investors’ unease about the treatment of US covered bonds if the issuing bank were to become insolvent.

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