Press release

The Covered Bond Label Foundation (CBLF) is pleased to announce that Coöperatieve Rabobank U.A., a Dutch based bank, as become the 90^th issuer to join the Covered Bond Label, following which the total number of cover pools holding the Label now stands at 106.

Commenting on this latest development, Luca Bertalot, Covered Bond Label Foundation Administrator, said:

“The decision of Rabobank to join the Covered Bond Label confirms the willingness of core covered bond market participants to significantly enhance transparency by implementing the Harmonised Transparency Template (HTT). Rabobank’s adhesion is all the more significant given that it is a new issuer of covered bonds, which demonstrates the role that the Covered Bond Label plays for new market entrants as the industry quality benchmark.”

To recap, the Covered Bond Label is a quality Label, of which the primary purpose is to highlight to investors the security and quality of covered bonds, 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.