Covered bond

From ACT Wiki
Revision as of 12:51, 7 August 2019 by Doug Williamson (Talk | contribs) (Mend broken link to ECBC.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
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

Covered bonds, European Covered Bond Council

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Covered_bond&oldid=36742’