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Deal May Mark Covered Bond Shift

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Byline: Nora Colomer The Royal Bank of Canada on Sept. 12 pitched what some see as a game changer for U.S.-dollar covered bond issuance by foreign banks. The Canadian bank launched the very first U.S. Securities and Exchange Commission fully registered covered bond deal, a $2.5 billion, five-year ... (Publication: National Mortgage News)

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