Overreliance on covered bonds is dangerous
The privileged position of covered bonds in incoming regulation was a major topic at the Euromoney/ECBC Covered Bond Congress in Barcelona on Thursday. Regulators have tipped the balance too far in favour of covered bonds risking health of the bank funding market as a whole.
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