Covered bonds: History and outlook

Luca Bertalot, secretary general of the European Mortgage Federation-European Covered Bond Council, and Jacek Kubas, principal in the European Bank for Reconstruction and Development’s local currency and capital markets team, join Chris Ostrowski, OMFIF director of memberships and commercial partnerships. They discuss the history and structure of covered bonds, their role in capital markets, main sources of demand and obstacles to expansion.

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