A bond or note that is backed by mortgages or cash flows from other debt. If the bond issuer goes into bankruptcy, investors who purchased the bonds can lay claim to the underlying assets.
Related information about covered bond:
- Covered bond - Wikipedia, the free encyclopedia
A covered bond is a corporate bond with one important enhancement: recourse to a pool of assets that secures or "covers" the bond if the originator (usually a ...
- Covered Bond Definition | Investopedia
Securities created from public sector loans or mortgage loans where the security is backed by a separate group of loans. Covered bonds typically carry a 2-10 ...
- What is a Covered Bond? Are Covered Bonds Safe? Should I Buy a ...
The newest addition to the U.S. bond market is a staple of the European debt markets. Covered bonds are similar to the asset-backed securities that led to the ...
- About Covered Bonds - European Covered Bond Council ...
Covered bonds are debt instruments secured by a cover pool of mortgage loans ( property as collateral) or public-sector debt to which investors have a ...
- Home | Covered Bond Investor
Covered Bond Investor - News Analysis and Resources for the North American Marketplace. Covered bond news updated each weekday.
- Welcome to The Covered Bond Report | News, analysis, data on ...
Belfius IPTs spur big book for first Belgian covered bond. BPM, Banca delle Marche on review, asset quality cited. Turkey's Yapi Kredi issuing first, SME- backed ...
- What Are Covered Bonds? - WSJ.com
Jul 9, 2012 ... If the bank itself goes bankrupt, covered-bond holders are first in line to claim the mortgages backing their bonds. "If the bank goes bust, that ...
- The covered bond market - Bank for International Settlements
The covered bond market offers investors an alternative to developed country ... sources, this feature analyses the recent evolution of the covered bond market.