Shrinking spreads between the two asset classes have left investors asking if the risk of senior debt is worth it ...
BNP Paribas has unveiled a €25 billion covered bond programme backed by a portfolio of prime first-lien mortgages and guaranteed home loans. “The addition of a covered bond programme to our existing ...
Basel II may have cast a pall over the securitization market, but in its shadow covered bonds are undergoing a remarkable growth. At the close of 2006, global issue volume for the year stood just shy ...
Thursday's only covered deal, possibly February's last ◆ French issuer likes dual tranche format ◆ 'Disconnect' between primary and secondary markets apparent, says banker ...
Covered bonds are secured debt instruments which offer greater investor protection than traditional corporate or government bonds. Known as a dual recourse structure it provides two layers of ...
Covered bonds are a type of debt security issued by financial institutions and backed by a pool of high-quality assets, such as mortgages or public-sector loans. This means that investors are ...