Brussels, 26 June 2019 – For immediate release
The Covered Bond Label Foundation (CBLF) is pleased to announce that AXA Home Loan SFH is the latest French issuer to join the Covered Bond Label. With now 19 labelled cover pools the French community has the largest representation in the Covered Bond Label. As of today, the total number of cover pools under the Covered Bond Label stands at 128 across 19 jurisdictions globally.
Commenting on this development, Luca Bertalot, Covered Bond Label Foundation Administrator, said:
“It is with great pleasure that we welcome and embrace AXA Home Loan SFH to the Covered Bond Label family. This latest addition demonstrates once again the commitment of core covered bond market participants to transparency through the implementation of the Harmonised Transparency Template (HTT).”
Bruno Charlin, AXA Home Loan SFH, said:
“AXA Banque is delighted to join the European Covered Bond community and we are proud to receive the Covered Bond Label that will accompany us down the road for the success of our covered bond program.”
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.