Congress Introduces Bill Expanding Funding Options for US Financial Institutions

On November 9, 2011, Senators Kay R. Hagan (D-NC) and Bob Corker (R-TN) introduced a bill that would provide a legislative framework for establishing a US covered bond market.  The bill has the potential to enhance liquidity and provide to US banks a new source of stable, long-term financing to financial institutions and others derived from private capital markets. 
Friday, November 11, 2011/Author: David Schwartz J.D. CPA/Number of views (4495)/Comments (0)/
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