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
Covered bond encumbrance is trivial relative to depositor preference
The fuss over covered bond issuance and the impact of asset encumbrance on the senior unsecured claim is nothing more than a warm-up act for the main show — the fading away of senior unsecured bank debt due to depositor preference.
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: Risk weighting fiasco makes a farce of regulation (this article has two comments posted)
The risk weights for securitization have been halved, again, in the latest version of Solvency II. Naturally the market is pleased to be further out of the regulatory dog house, but the way risk weights (and therefore careers, businesses and economie ...
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 ...
ECB must buy covered bonds aggressively, or not at all
The European Central Bank will face a dilemma when it embarks on its third covered bond purchase programme, which could start on Wednesday. Either the central bank buys covered bonds aggressively, something that it has vowed not to do, or it will fai ...