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View Full Version : Covered Bonds in Dollars Soar to Fill AAA Vacuum - Bloomberg



NewsWhore
04-17-2012, 12:10 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHJ8pcMdq36Te4IHX-5xIgNP55FFQ&url=http://www.bloomberg.com/news/2012-04-17/covered-bonds-in-dollars-soar-to-fill-aaa-vacuum.html)


Covered Bonds in Dollars Soar to Fill AAA Vacuum (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHJ8pcMdq36Te4IHX-5xIgNP55FFQ&url=http://www.bloomberg.com/news/2012-04-17/covered-bonds-in-dollars-soar-to-fill-aaa-vacuum.html)
Bloomberg
Relatively Cheap The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, makes it relatively cheap to issue in the greenback. The cost declined to 46 basis points below the euro interbank offered ...

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