ECB's decision brings life to cover-bond market

05/19/2009 | Financial Times (free content)

Dexma, ING and Eurohypo all announced covered-bond deals after the market was revived by the European Central Bank's decision to purchase the securities. "The ECB's move was an immense vote of confidence for covered bonds, and that is why we have seen such a burst in activity," said Tim Skeet, head of covered-bond origination for Bank of America Merrill Lynch.

View Full Article in:

Financial Times (free content)

Published in Brief: