How to Make the World Safe for (and from) Covered Bonds

10 Pages Posted: 22 Aug 2015

Date Written: August 20, 2015

Abstract

Although few outside of financial circles have heard of covered bonds, they have emerged as an important and efficient funding channel for Canadian mortgage lending, according to a new report released today from the C.D. Howe Institute. In “How to Make the World Safe for (and from) Covered Bonds,” author Finn Poschmann addresses the fact that covered bond issuance in Canada has a regulatory limit of 4 percent of bank assets, a rate that is lower than in most advanced economies, and explores the case for expanding that limit.

Keywords: Financial Services

JEL Classification: G21, G28, G33

Suggested Citation

Poschmann, Finn, How to Make the World Safe for (and from) Covered Bonds (August 20, 2015). C.D. Howe Institute ebrief 214. Available at SSRN: https://ssrn.com/abstract=2648571 or http://dx.doi.org/10.2139/ssrn.2648571

Finn Poschmann (Contact Author)

C.D. Howe Institute ( email )

67 Yonge St., Suite 300
Toronto, Ontario M5E 1J8
Canada
416-865-1904 (Phone)
416-865-1866 (Fax)

HOME PAGE: http://www.cdhowe.org

Register to save articles to
your library

Register

Paper statistics

Downloads
42
Abstract Views
235
PlumX Metrics