After the 2008 financial crisis in which investors saw defaults in subprime MBSs, analysts began discussing the

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After the 2008 financial crisis in which investors saw defaults in subprime MBSs, analysts began discussing the merits of European covered bonds. Examine this security by going to Council of European Covered Bond Facts Book:

 http://ecbc.hypo.org/Content/Default.asp?PageID=313.

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