Covered bonds are issued by:
A) NBFIs and must have a pool of assets covering the bonds that meet 105 per cent of the face value of the outstanding covered bonds.
B) depository institutions and must have a pool of assets covering the bonds that meet 105 per cent of the face value of the outstanding covered bonds.
C) by depository institutions and must have a pool of assets covering the bonds that meet 100 per cent of the face value of the outstanding covered bonds.
D) depository institutions and must have a pool of assets covering the bonds that meet 103 per cent of the face value of the outstanding covered bonds.

Question

Quizplus · Accepted Answer

The Answer of Covered bonds are issued by:
A) NBFIs and must have a pool of assets covering the bonds that meet 105 per cent of the face value of the outstanding covered bonds.
B) depository institutions and must have a pool of assets covering the bonds that meet 105 per cent of the face value of the outstanding covered bonds.
C) by depository institutions and must have a pool of assets covering the bonds that meet 100 per cent of the face value of the outstanding covered bonds.
D) depository institutions and must have a pool of assets covering the bonds that meet 103 per cent of the face value of the outstanding covered bonds.

Covered Bonds Are Issued By