Resource Items: regulatory legislative and legal

This twelve-page document is the written testimony prepared by J. Christopher Hoeffel for a hearing on covered bonds scheduled for December 15 by the House Committee on Financial Services.  The title of the hearing was "Covered Bonds: Prospects for a U.S. Market Going Forward."

This eleven-page document is the written testimony prepared by Bert Ely for a hearing on covered bonds scheduled for December 15 by the House Committee on Financial Services (HCFS).  The title of the hearing is "Covered Bonds: Prospects for a U.S. Market Going Forward."

Ely is a consultant on deposit insurance and banking structure issues.  Topics in his written testimony include:

This ten-page document is the written testimony prepared by Scott A. Stengel for a hearing on covered bonds scheduled for December 15 by the House Committee on Financial Services.  The title of the hearing was "Covered Bonds: Prospects for a U.S. Market Going Forward."

The European Central Bank's (ECB's) fourth monthly report on purchases made under its €60 billion (USD $89.192 billion) covered bond purchase program shows a total of €4.18 billion (USD $6.213 billion) bought from October 5 to October 30, 2009.  Of that amount, €1.294 billion reflected purchases in the primary market and €2.886 billion in the secondary market.  Primary market purchases thus comprised a higher percentage of the month's total acquisitions — almost 31% — than was the case in September (21%).