December 2010
3 posts
Covered Bonds
There’s been some discussion on the Mule Stable about covered bonds and who may or may not be disadvantaged by them, so I thought I’d post a (very) simplified example of how they would work compared to the alternatives of standard financing or securitisation. The first (sometimes confusing) thing to remember is that loans are a banks assets and deposits are their liabilities, as are...
Covered Bonds
There’s been some discussion on the Mule Stable about covered bonds and who may or may not be disadvantaged by them, so I thought I’d post a (very) simplified example of how they would work compared to the alternatives of standard financing or securitisation. The first (sometimes confusing) thing to remember is that loans are a banks assets and deposits are their liabilities, as are...
Covered Bonds
There’s been some discussion on the Mule Stable about covered bonds and who may or may not be disadvantaged by them, so I thought I’d post a (very) simplified example of how they would work compared to the alternatives of standard financing or securitisation. The first (sometimes confusing) thing to remember is that loans are a banks assets and deposits are their liabilities, as...