» » German Covered Bonds: Overview and Risk Analysis of Pfandbriefe



Information of news
7-01-2015, 18:34

German Covered Bonds: Overview and Risk Analysis of Pfandbriefe

Category: E-Books


German Covered Bonds: Overview and Risk Analysis of Pfandbriefe
Ralf Werner, ?Manuela Spangler - German Covered Bonds: Overview and Risk Analysis of Pfandbriefe
Published: 2014-01-31 | ISBN: 331902552X | PDF | 82 pages | 3 MB


The Pfandbrief, a mostly triple-A rated German bank debenture, has become the blueprint of many covered bond models in Europe and beyond. The Pfandbrief is collateralized by long-term assets such as property mortgages or public sector loans as stipulated in the Pfandbrief Act.
With a history that goes back to the 18th century and a high market share in today's covered bond markets, the German Pfandbrief is the most established covered bond. Until today, no single Pfandbrief has ever defaulted.
Even though Pfandbriefe have survived the financial crisis comparably unharmed, investors have become more sensitive regarding the creditworthiness of the corresponding issuer and sovereign, the strength of the legal (or contractual) framework and the quality of the cover pool serving as collateral.
This monograph provides a structured in-depth analysis of the legal framework and the risks inherent in a Pfandbrief, taking into consideration recent market developments. Starting from the legal framework, the German Pfandbrief is introduced without requiring prior knowledge. Covered bond related risks are explained in detail and their relevance to the Pfandbrief is thoroughly discussed with focus on the two most common Pfandbrief types, mortgage and public Pfandbriefe. In addition to that, the monograph comes with an extensive collection of Pfandbrief-related literature and a glossary explaining the main technical terms.


Links are Interchangeable - No Password


rapidgator_net:
l9z14.German.Covered.Bonds.Overview.and.Risk.Analysis.of.Pfandbriefe.zip.html

uploaded_net:
l9z14.German.Covered.Bonds.Overview.and.Risk.Analysis.of.Pfandbriefe.zip

nitroflare_com:
l9z14.German.Covered.Bonds.Overview.and.Risk.Analysis.of.Pfandbriefe.zip

uploaded


Rapidgator.net
Site BBcode/HTML Code:

Tags to an Article: German, Covered, Bonds, Overview, and

Dear visitor, you went to the site as unregistered user.
We recommend you Sign up or Login to website under your name.
Information
Would you like to leave your comment? Please Login to your account to leave comments. Don't have an account? You can create a free account now.