covered bond

listen to the pronunciation of covered bond
Englisch - Türkisch
örtülü-bond
Englisch - Englisch
(Finans) Covered bonds are debt securities backed by cashflows from mortgages or public sector loans. They are similar in many ways to asset-backed securities created in securitization but covered bond assets remain on the issuer’s balance sheet. Essentially, a Covered Bond is a corporate bond with one important enhancement: recourse to a pool of assets that secures or "covers" the bond if the originator (usually a financial institution) becomes insolvent
covered bond

    Silbentrennung

    cov·ered bond

    Türkische aussprache

    kʌvırd bänd

    Aussprache

    /ˈkəvərd ˈbänd/ /ˈkʌvɜrd ˈbɑːnd/
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