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Ask Mint \| Rediscovering the true power of covered bonds Real Simple \| Shailaja and Manoj K Singh 09:27 PM \| March 29,2009 A covered bond is a kind of debt instrument and it has a face value on which the issuer undertakes to pay interest FIND MORE ARTICLES ON: Real Simple Shailaja and Manoj K Singh Covered Bond Debt Bonds Markets Finance Money