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Banco Hipotecario de Uruguay heard averse to MBS, despite hints of deal

Uruguay's Banco Hipotecario (BHU) appears at first glance to have the major ingredients of an MBS in the domestic market. A new trust law has been in place since December; Moody's Investors Service assigned first-time ratings to the bank on April 30; and the International Monetary Fund (IMF), according...

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