25 April 2019
Brussels, 25 April 2019 – For immediate release
The Covered Bond Label Foundation (CBLF) is pleased to announce that Bank of Montreal is the latest Canadian issuer to join the Covered Bond Label.
Commenting on this development, Luca Bertalot, Covered Bond Label Foundation Administrator, said:
“It is with great pleasure that we welcome Bank of Montreal as the latest issuer to join the Covered Bond Label family. This most recent addition to the Covered Bond Label in the Canadian market, demonstrates once again the global commitment of core covered bond market participants to transparency through the implementation of the Harmonised Transparency Template (HTT). It furthermore underlines the important role that the Covered Bond Label plays as the industry quality benchmark.”
The Covered Bond Label is a quality label, the purpose of which is to highlight the security and quality of covered bonds to investors and to further enhance recognition of and trust in the covered bond asset class.
The Covered Bond Label is open to all covered bond programmes that are compliant with the Covered Bond Label Convention and disclose their data by publishing the Harmonised Transparency Template (HTT). More information on all labelled issuers and the Label itself can be found on the Covered Bond Label website at www.coveredbondlabel.com.
This Press Release is available on the Covered Bond Label website here.