Some articles on covered bonds, covered bond:
... Covered bonds were created in Prussia in 1769 by Frederick The Great and in Denmark in 1795 ... Danish covered bond lending emerged after the Great Fire of Copenhagen in 1795, when a quarter of the city burnt to the ground ... Today nearly all real estate is financed with covered bonds in Denmark, and Denmark is the 3rd largest issuer in Europe ...
... less on securitizing mortgages and more on formal government guarantees backed by covered bonds (such as the Pfandbriefe) and deposits, except Denmark and Germany where asset-backed securities are also ... Within the European Union, covered bonds market volume (covered bonds outstanding) amounted to about EUR 2 trillion at year-end 2007 with Germany, Denmark, Spain, and France each having outstandings ...
Famous quotes containing the words bonds and/or covered:
“We black women must forgive black men for not protecting us against slavery, racism, white men, our confusion, their doubts. And black men must forgive black women for our own sometimes dubious choices, divided loyalties, and lack of belief in their possibilities. Only when our sons and our daughters know that forgiveness is real, existent, and that those who love them practice it, can they form bonds as men and women that really can save and change our community.”
—Marita Golden, educator, author. Saving Our Sons, p. 188, Doubleday (1995)
“The true colour of life is the colour of the body, the colour of the covered red, the implicit and not explicit red of the living heart and the pulses. It is the modest colour of the unpublished blood.”
—Alice Meynell (18471922)