November 29, 2012 at 21:56 PM EST
Australia sets template for covered bonds
* One year balance shows success of security * Australian banks issued almost AUD41bn * Results encourage other Asian countries By John Weavers Nov 30 (IFR) - A year on from its first covered bonds, Australia's experience is providing an encouraging template for other Asian jurisdictions to follow. Australia's covered bond market has gone from strength to strength since November 2011, and the country's four major banks have become significant players in the senior secured u
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