Covered bonds protected from Signa failure so far
![Signa Holding in Berlin am 30.11.2023 *** Signa Holding in Berlin on 30 11 2023 Credit: Imago/Alamy Live News](https://assets.euromoneydigital.com/dims4/default/ad13143/2147483647/strip/true/crop/5760x3840+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fd8%2F4e%2F9e7862124463b459115cd94abd93%2F2tadd9n.jpg)
Spreads have been resilient as S&P says limited impact on covered bond programmes from Austrian property company's default
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