Covered bond

From ACT Wiki
Revision as of 15:19, 13 November 2016 by Doug Williamson (Talk | contribs) (Add link.)

Jump to: navigation, search

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