The harmonization of covered bond laws across the EU will benefit bank issuers, transactions and investors alike. Meanwhile, with inflation heightening risks in many structured finance markets, covered bonds continue to benefit from the relatively strong credit quality of their bank issuers. How big of a deal is harmonization and what types of loans will it affect? Are there any holes in the new, unified framework?
The harmonization of covered bond laws across the EU will benefit bank issuers, transactions and investors alike. Meanwhile, with inflation heightening risks in many structured finance markets, covered bonds continue to benefit from the relatively strong credit quality of their bank issuers. How big of a deal is harmonization and what types of loans will it affect? Are there any holes in the new, unified framework?
Guests: Alexander Zeidler, Vice President – Structured Finance Group, Moody’s Investors Service, and Niclas Boheman, Vice President – Structured Finance Group, Moody’s Investors Service.
Host: Aaron Johnson, Vice President – Research, Moody’s Investors Service.
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