Author Archive for: admin
Entries by admin
News on Covered Bonds: Covered Bonds-The Canadian Coverage
28th December, 2012: Covered Bonds are seen as an effective alternative to securitisation and the world seems to be all promoting the instrument by making necessary regulatory amendments or devising new enactments[1]. Canada too is set to follow the trend globally. Canada Housing and Mortgage Corporation (CMHC), the country's national housing agency has announced the details of […]
News on Covered Bonds: DBS all set to issue first covered bonds of Singapore
January 7, 2013 Monetary Authority of Singapore (MAS) came out with a consultation paper on guidelines for issue of covered bonds by the banks of Singapore. The paper titled "Covered Bonds Issuance by Banks Incorporated in Singapore" was issued in March last year. Since then the paper was put up for public and industry comments for almost a […]
News on Covered Bonds: Covered Bonds volume declines in 2012 as European banks rely on alternative liquidity sources
Covered Bonds volume declines in 2012 as European banks rely on alternative liquidity sources February 2, 2013 The world witnessed a steep fall in the issuance of covered bonds during the last year. The main reason behind this is assumed to be the consumer behavior- which in due course had resorted to cheaper liquidity available […]
News on Covered Bonds: Covered bonds backed by SME receivables: a nice thought, or a sellable product?
Covered bonds backed by SME receivables: a nice thought, or a sellable product? February 19, 2013 The covered bonds market is testing new geographical territories, and new asset classes. From what has been its mainstay over decades, it is moving out of Europe, and out of the mortgage market. In terms of asset classes, one […]
News on Covered Bonds: The Fall of Covered Bonds in the US
The Fall of Covered Bonds in the US October 17, 2013 The sale of covered bonds in the US has fallen to $17bn this year, down from $45 bn in 2012 and $40 bn in 2011. [1] Covered bonds being widely perceived as the alternative on-balance sheet option for RMBS, several countries have sought legislation […]
News on Covered Bonds: Negative Outlook On Covered Bonds To Continue
Negative Outlook On Covered Bonds To Continue October 22, 2013 Negative outlooks on covered bond ratings have not seen any change over the past quarter but there has been an increase in the number of covered bond issuers with negative outlooks. Mortgage covered bonds of Greek banks received negative outlook from Fitch.[1] Portugese covered bonds […]
News on Covered Bonds: European Bank Association’s Stamp of Approval for Covered Bonds
European Bank Association’s Stamp of Approval for Covered Bonds October 30, 2013 Data presented at the European Banking Authority's public hearing this week has boosted the outlook for covered bonds in the continent. The regulator released its findings at a public hearing on liquidity in London, where it also summarised responses to a discussion pap er on defining […]