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ECBC Fact Book & Statistics

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.

 

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ECBC COVERED BOND STATISTICS

The Excel data files for the latest edition of the ECBC Fact Book can be downloaded by clicking here and a video introduction to these by the Chairman of the ECBC Statistics & Data Working Group can be found below.

The ECBC European Covered Bond Fact Book 2021 presents 12 articles on “Key Themes of the Year” in Chapter I:

  • 1.1

    Long Term Financing for Local Public Sector Green and Social Investments

  • 1.2

    The Fallout of the Covid-19 Crisis

  • 1.3

    The Impact on Covered Bonds of Central Bank Responses to the Covid-19 Pandemic

  • 1.4

    Energy Efficient Mortgages Initiative – EEMI

  • 1.5

    Sustainable Covered Bonds: Market Overview

  • 1.6

    Green Covered Bonds: An Important Contribution to Market Neutrality

  • 1.7

    Social/Sustainability Covered Bonds – Gaining Momentum

  • 1.8

    The Investor's Perspective

  • 1.9

    Digitalization in the Mortgage and Covered Bond Financing Market

  • 1.10

    Global and CEE Covered Bond Market

  • 1.11

    Extendable Maturity Covered Bonds - The new Norm

  • 1.12

    Liquidity and Volume in the EU Covered Bond Markets

CHAPTER II "GENERIC SECTION"

provides a detailed explanation of covered bond fundamentals, the state of play on the latest implementations of the Covered Bond Directive and of Basel III, 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, and describes the USD, GBP and domestic currency denominated covered bond markets.

CHAPTER III "THE ISSUER'S PERSPECTIVE"

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

CHAPTER IV "RATING AGENCIES & METHODOLOGY"

sets out credit rating agencies’ various covered bond methodologies.

CHAPTER V "COVERED BOND STATISTICS"

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 2020.

Please note that this update replaces the 2020 edition of the ECBC Fact Book, which is available on request by contacting info@hypo.org.

Further Questions

Please contact us in the info@hypo.org