COPENHAGEN: Denmark’s government is ready to tackle liquidity shortages that have hit the world’s biggest market for mortgage-backed covered bonds, as it addresses risks that both the industry and investors warn are a serious side-effect of global regulation.
Business Minister Troels Lund Poulsen told Bloomberg he will back a proposal by a government-appointed panel to stop forcing mortgage lenders to offer loans based on two benchmark interest rates, Cita and Cibor.
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