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. | |||
Revision as of 20:24, 29 October 2016
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
