Germany : Technical Note on the Future of German Mortgage-Backed Covered Bond (PF and Brief) and Securitization Markets.
As part of the 2011 Financial Sector Assessment Program (FSAP) update for Germany, this Technical Note reviews recent developments of mortgage-covered bond (Pfandbrief) and mortgage securitization markets in Germany, and explores future prospects for each against the background of ongoing regulatory...
| Coauteur: | |
|---|---|
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Reeks: | IMF Staff Country Reports; Country Report ;
No. 2011/369 |
| Online toegang: | Full text available on IMF |
| Samenvatting: | As part of the 2011 Financial Sector Assessment Program (FSAP) update for Germany, this Technical Note reviews recent developments of mortgage-covered bond (Pfandbrief) and mortgage securitization markets in Germany, and explores future prospects for each against the background of ongoing regulatory changes. It examines the characteristics of the two markets and their performance through the crisis, and analyzes some of the policy reactions that are currently tending to favor covered bonds over securitization. Some of the systemic vulnerabilities associated with covered bonds are also discussed. |
|---|---|
| Beschrijving item: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Fysieke beschrijving: | 1 online resource (37 pages) |
| Formaat: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Toegang: | Electronic access restricted to authorized BRAC University faculty, staff and students |