Difference between revisions of "Covered bond"
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(Create the page. Sources: The Treasurer, November 2015, p48, ECBC home page http://ecbc.hypo.org/Content/Default.asp?PageID=504)
Revision as of 15:27, 11 November 2015
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.