Difference between revisions of "Covered bond"

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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.  
  
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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


Other links

Introducing covered bonds, European Covered Bond Council