Asset encumbrance may cloud covered bonds’ golden days

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Asset encumbrance may cloud covered bonds’ golden days

Dark clouds sunshine HiRes 575

The more the product basks in its own glory, the greater the problem

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