Covered bond: Difference between revisions
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Covered bonds are debt instruments secured by a 'cover pool' of mortgage loans (collateral) or public-sector debt to which investors in the covered bonds have a preferential claim, in the event of default. | Covered bonds are debt instruments secured by a 'cover pool' of mortgage loans (collateral) or public-sector debt to which investors in the covered bonds have a preferential claim, in the event of default. | ||
Covered bonds have become a widely used funding instrument for financial institutions. | |||
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* [[Bond]] | * [[Bond]] | ||
* [[Collateral]] | * [[Collateral]] | ||
* [[Level 1B liquid assets]] | |||
* [[Monetisation]] | |||
* [[Mortgage]] | * [[Mortgage]] | ||
* [[PSE]] | |||
* [[Securitisation]] | * [[Securitisation]] | ||
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=== Other links === | === Other links === | ||
[ | [https://hypo.org/ecbc/covered-bonds/ Covered bonds, European Covered Bond Council] | ||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] |
Latest revision as of 12:51, 7 August 2019
Covered bonds are debt instruments secured by a 'cover pool' of mortgage loans (collateral) or public-sector debt to which investors in the covered bonds have a preferential claim, in the event of default.
Covered bonds have become a widely used funding instrument for financial institutions.
See also