Covered bond/Definition: Difference between revisions
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imported>Nick Gardner (New page: a bond that is secured by other assets so that the investor can lay claim to those assets should the issuer of the bond become insolvent.) |
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Revision as of 04:23, 18 May 2009
a bond that is secured by other assets so that the investor can lay claim to those assets should the issuer of the bond become insolvent.