UK covered bonds to go Danish with Perenna
UK based mortgage start-up lender, Perenna, aims to revolutionise the UK's mortgage market by introducing a 30 year fixed rate loan that will be financed with the same pass through covered bonds that are widely used in the Denmark.
Perenna is setting up a covered bond bank in the UK to finance its fixed rate loans. It expects to issue 30 year fixed rate covered bonds secured on 30 year fixed rate mortgages just as the Danes do. This match funding principle is considered a low risk
...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
