Rating Agencies › Covered Bonds

A battle over collateral -- If regulators are worried about over-encumbered bank assets, they must look beyond just covered bonds

Originally published in International Financial Law Review in February 2013. Covered bonds’ dual recourse nature makes them a favoured instrument for investors seeking both safety and yield. If the issuing financial...more

Rating Agency Developments - Febuary 04, 2013

On February 1, Fitch updated its methodology for analyzing non-performing loan securitizations. On February 1, Fitch updated the public sector liquidity and spread assumption addendum for its covered bonds criteria....more