Covered bond: Difference between revisions
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* [[Bond]] | * [[Bond]] | ||
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* [[Mortgage]] | * [[Mortgage]] | ||
* [[PSE]] | * [[PSE]] | ||
Revision as of 17:38, 12 November 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
