Covered bonds vs. assets securitization

Abstract

During the past few years, in the recent post-crisis global banking and capital markets context, financial institutions around the globe are exploring new options to better secure their financing and refinancing demands. We will exhibit herewith a comparison between covered bonds and asset securitizations as financial markets-based funding techniques, highlighting certain key structuring and implementation specifics on each of them.

Keywords

• covered bonds
• assets securitization
• capital and financial markets
• financial institutions
• funding and refinancing techniques