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Canada mortgage bonds will have little impact on ABS

BANFF, Alberta-Canada Mortgage Bonds (CMB), Canada Mortgage Housing Corporation's (CMHC) brand new housing program launched last Monday, will have little impact on the Canadian asset-backed market, according to panelists at last week's ABS 2001 conference sponsored by Insight.

CMBs are semi-annual, fixed-rate, triple-A rated, bullet maturity bonds that carry...

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