Covered Bonds Background and Policy Issues

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division

Language:

English

Subjects (All):

Administrative law.

Business cycles.

International finance.

Mortgages.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2011

Summary:

Examines policy issues related to covered bonds, which are recourse debt obligations that are secured by a pool of assets, such as mortgages. Discusses various definitions of covered bonds, and analyzes economic advantages and disadvantages of use of covered bonds compared with securitization. Reviews agency actions on covered bonds, explains European experience with covered bonds during the financial crisis, and covers legislative activity in the 112th Congress

This report is one in a series of updates. For the most recent coverage of this report series, please see 11-R4-1322a in the 2011 issue

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed May 2014). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Government Division. Covered Bonds

Publisher Number:

CRS-2013-GVF-0197

Access Restriction:

Restricted for use by site license