Weighed down: the pleasures and perils of secured funding

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Weighed down: the pleasures and perils of secured funding

2011 was the year of the covered bond. As volumes grew, more and more countries signed up to get in on the action. Senior unsecured ground to a halt and became prohibitively expensive, leading many issuers to look to covered bonds for relief. But banks cannot live on secured bonds alone, reports Will Caiger-Smith.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Related articles

Gift this article