ECBC European Covered Bond Fact Book
The EMF-ECBC is pleased to present the latest edition of the ECBC European Covered Bond Fact Book, which is intended to be a benchmark and comprehensive source of information on the covered bond asset class.
The European Covered Bond Fact Book Data Hub presents the statistics gathered by the ECBC on the outstanding volume and annual gross supply of covered bonds since 2003. The tool’s aim is to provide a visual representation, with individual and flexible filters, that can serve as a reliable source of data for interested parties, ranging from issuers to investors and regulators.
The ECBC data covers market developments over the past 20 years for 36 different countries.
The ECBC European Covered Bond Fact Book 2024 presents 10 articles on “Key Themes of the Year” in Chapter I:
Sustainable Covered Bonds: Market Overview
Green Covered Bonds: An Important Contribution to Climate Neutrality
Social/Sustainability Covered Bonds- Growing Focus on Social Housing
A Sustainable Housing Market: Towards A New Ecosystem Supporting The Transition Economy
ESRS4 Consumers and End-users - A call for New Perspectives
The Transposition of the Covered Bond Directive: Taking Stock
Must-have Features for Successful ESN Issuances
Covered Bonds and Global Mortgage Lending
Covered Bond Investor Base Broadens to Meet Third Consecutive Year of Net Positive Supply
Liquidity and Trading Volume in the EU Covered Bond Markets
Achieving Third-Country Equivalence
provides a detailed explanation of covered bond fundamentals, explores regulatory issues, the Capital Markets Union (CMU), the Liquidity Coverage Ratio (LCR), Solvency II, bail-in mechanisms (MREL and TLAC), and covered bond protection. This chapter also includes articles outlining the repo treatment of covered bonds by central banks, investigates the relationship between covered bonds and other asset classes, such as senior unsecured and government bonds.
presents an overview of the legislation and markets in 42 different countries, demonstrating the worldwide success and recognition, and the continued spread of the asset class.
sets out credit rating agencies’ various covered bond methodologies.
provides a description of trends in the covered bond market, as well as a complete set of covered bond statistics up to the end of 2023.
Please note that this update replaces the 2023 edition of the ECBC Fact Book, which is available on request by contacting info@hypo.org.
Please contact us at info@hypo.org
The European Covered Bond Council (ECBC) is the platform that brings together covered bond market participants including covered bond issuers, analysts, investment bankers, rating agencies and a wide range of interested stakeholders.
