More CBO woes

Taiwan

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Taiwan's structured finance industry, which has suffered several rocky patches in the past three years, may have been dealt another blow in early May with the agreement by lawmakers that insurance companies should be allowed to invest a greater portion of their portfolios in foreign currency-denominated assets.

"A new regulation was passed changing the limits placed on (insurance companies') investment in foreign bond funds from 35% to 45%, and that will have an impact on the investment appet

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