Pimco Shuns Korea to Turkey Covered Debt on Liquidity – Bloomberg

July 8, 2013
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Pimco Shuns Korea to Turkey Covered Debt on Liquidity
Bloomberg
“For new markets, such as South Korea or Turkey, there isn’t sufficient liquidity,” said Timo Boehm, a Munich-based money manager focusing on covered bonds at Pimco, which manages about $2 trillion of assets, including the world’s biggest bond fund.

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