US lawmakers push for domestic covered bonds market

scott-garrett — Scott Garrett, chairman of House Financial Services Subcommittee on Capital Markets and GSEs, and proponent of covered bonds

Rob Davies
04 Mar 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

While the influx of international covered bond issuers has been welcome, an even more positive development would be the emergence of a market involving US banks. It seemed things were moving in that direction in March 2010 with the introduction of the US Covered Bonds Act, the leading advocates of which were Republican congressmen Scott Garrett, Paul Kanjorski and Spencer Bachus.

The move to get the act through the US legislative process stalled soon after it was published, with the focus of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]