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Fitch: 2015 a Record Year for Canadian Covered Bonds

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NEW YORK--(BUSINESS WIRE)--Issuance volume in 2015 for Canadian covered bonds (CvB) collateralized with residential mortgages has already surpassed all prior years' volume, according to Fitch Ratings. Driven by interest rates near historical lows and strong investor demand for high quality assets, Canadian banks have issued over 31 billion Canadian dollar (CAD) equivalent year to date. In addition, they have been able to take advantage of the global market volatility experienced this year to di

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