1. Stronger BONDS.
- Author
-
Gillen, Fergus
- Subjects
- *
BONDS (Finance) , *ASSET backed financing , *COLLATERAL security , *PRIORITIES of claims & liens , *SECURITIES , *CORPORATE debt - Abstract
Focuses on covered bonds or asset-covered securities, which are secured by means of statutory preference over a ring-fenced pool of assets. Establishment of legal framework for such bonds; Comparison with securitized debt; Provisions of the Asset Covered Securities Act of 2001. INSET: Ireland covered bonds: Q&A.
- Published
- 2004