12 November 2018
Brussels, 12 November 2018 – For immediate release
The Covered Bond Label Foundation (CBLF) is pleased to announce that Cajamar Caja Rural has today become the 105th Issuer to join the Covered Bond Label. Currently, the total number of cover pools under the Covered Bond Label stands at 122 across 18 jurisdictions globally.
Commenting on this latest development, Luca Bertalot, Covered Bond Label Foundation Administrator, said:
“With the addition of Cajamar Caja Rural to the Covered Bond Label, the Label family will be enriched with a Spanish Rural and Savings Bank with a strong local and national presence and which is committed to transparency and harmonisation of the Covered Bond market.”
Commenting on Cajamar Caja Rural joining the Label, Jose Luis Dominguez Moreno, Head of Treasury and Capital Markets, stated:
“We feel comfortable to be part of the ECBC Label and joining to the European Covered Bonds issuers community letting our Group takes advantage of it to give a harmonised and transparent information to new investors, and reinforce the relationships with the ones we have as well.
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.