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. | |||
Latest revision as of 22:23, 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.