Covered bondsuncovered

us credit forum

How have the problems experienced by agency issuers such as Freddie Mac affected the covered bond market?

The Freddie Mac problems have not really influenced the European covered bond market with respect to pricing and spreads. But investors have realised that even with a triple-A rating there is some credit risk left and that one should have a closer look at how the coverage is provided. Therefore investors are now analysing more thoroughly the legal framework, the support mechanism and they req

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: