Covered Bonds Market
The Cover – essential daily information on the covered bond market
The Cover is a daily online news service dedicated to the covered bond market. Published by the EuroWeek group, The Cover delivers exclusive breaking news on new covered bond issues as they are launched, as well as essential information on the secondary markets, covered bond regulation and the people that matter.
Global Benchmark Ranking
The Cover has been specifically designed so that its members can comment on articles and vote on transactions, and thereby reflect what the market really thinks. The Cover also generates bespoke league tables in partnership with Dealogic (the leading data provider.)
Each week, The Cover publishes the latest global benchmark ranking for the covered bond market, as well as a unique league table that excludes self-led deals and information on bookrunners in all currencies.
Every day, subscribers to The Cover receive a daily news alert that is also available in on mobiles devices such as a BlackBerry. Subscriptions to The Cover include full access to coveredbondnews.com, league tables and a searchable archive, powered by Google.
Most Read Articles
Pass-through takes a seat at the table
The prospect of pass-through covered bonds would once have been instantly slapped down as heresy, but a much more challenging ratings environment has forced the covered bond market to give them consideration.
Pass-through salvation for peripheral covered bonds
Covered bonds will benefit from bank resolution proposals, but rating agencies must see the final wording before implementing new methodologies. By then it may be too late for bonds, already on the cusp of a sub-investment rating, from being downgrad ...
The Cover View: EBA misses the point on encumbrance (this article has one comment posted)
The European Banking Authority’s effort to improve transparency on balance sheet encumbrance has come to nothing. The draft guideline, which will be finalised by June, is practically useless because it doesn’t include emergency central bank liquidity ...
Stable funding ratio promotes the opposite
Banking funding rules should have diversity and stability in mind, and steer clear of favouring one funding format over another. But a Basel consultation document on the Net Stable Funding Ratio published this month, promotes the exact opposite, and ...
Spanish NPLs continue to rise in multi-Cedulas
Non performing loans in multi-Cédulas deals are continuing to rise according to Moody’s. And Bank of Spain data released last week showing that the trend maybe levelling off, understates the actual level by as much as half. See The Cover's interactiv ...