Covered bonds set to deliver on potential
Europe’s sovereign debt crisis notwithstanding, covered bonds head into 2011 with the wind at their back. Investors are drawn to the security the asset class offers, a focus that may intensify given bail-in discussions. Meanwhile, bank liquidity and insurance industry regulations favour the funding tool over senior unsecured debt. Susanna Rust reports.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts