Covered Bonds

Highlights

• 17 Sep 2020
  • European Parliament’s push for ESNs will improve SME funding, but raise complex asset risks
    Asset risks will be higher for SME loan European secured notes (ESNs) than residential mortgage covered bonds, but structural features can mitigate these higher risks.  Full Report​​​​​​​​​
• 16 Sep 2020
  • Czech Republic legal framework for covered bonds
    In this report, we analyse credit-relevant features of the Czech covered bond legal framework, comparing the strength of each feature against an average legal framework.   Full Report​​​​​
• 7 Sep 2020
  • Post-coronavirus covered bonds face policy shifts, weaker collateral and ESG scrutiny
    The coronavirus pandemic will trigger or exacerbate long-lasting shifts in the credit environment for European covered bonds.   Full Report​​​​​​​​​​