Covered bond/Definition: Difference between revisions

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imported>Nick Gardner
(New page: a bond that is secured by other assets so that the investor can lay claim to those assets should the issuer of the bond become insolvent.)
 
imported>Meg Taylor
(subpages)
 
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a bond that is secured by other assets so that the investor can lay claim to those assets should the issuer of the bond become insolvent.
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A bond that is secured by other assets so that the investor can lay claim to those assets should the issuer of the bond become insolvent.

Latest revision as of 23:23, 25 October 2009

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Covered bond [r]:

A bond that is secured by other assets so that the investor can lay claim to those assets should the issuer of the bond become insolvent.