Press release

The Covered Bond Label Welcomes My Money Bank as the latest New Issuer to the Covered Bond Market

21 September 2018

“The Covered Bond Label Welcomes My Money Bank as the latest New Issuer to the Covered Bond Market”

 

Brussels, 21 September 2018 – For immediate release

 

The Covered Bond Label Foundation (CBLF) is pleased to announce that My Money Bank is entering the Covered Bond Market and has decided to join the Covered Bond Label since its commencement. As of today, the total number of cover pools under the Covered Bond Label stands at 122 across 18 jurisdictions globally.

Luca Bertalot, CBLF Administrator, said:

“My Money Bank has the vision to design its inaugural covered bond programme to be fully compliant with the Covered Bond Label since its outset. This move has increased the coverage of the French market providing investors with a fundamental transparency tool comparable at a global level. Thus, we are very delighted to welcome and embrace My Money Bank in the Covered Bond Label family.”

Eric Shehadeh, CEO of My Money Bank, stated:

“We are delighted to receive the ECBC label and to join the European covered bonds issuer community paving the way for future recurring benchmark transactions.”   

 

Contact:

Luca Bertalot
Covered Bond Label Foundation (CBLF)
Tel. +32 2 285 40 33
info@coveredbondlabel.com
www.coveredbondlabel.com

 

This Press Release is available on the Covered Bond Label website here.