German Covered Bonds

Viac o knihe

Focusing on the Pfandbrief's structure, this book explores its role as a leading model for covered bonds in Europe and beyond. It highlights the instrument's collateralization by long-term assets, including property mortgages and public sector loans, as mandated by the Pfandbrief Act. The discussion emphasizes its triple-A ratings and the implications for financial stability and investment strategies in the banking sector.