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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.

 

Access the interactive version of the ECBC Fact Book 2020 by clicking on the image below or download the PDF version using the buttom above.

 

VIRTUAL PUBLICATION EVENT

 

On 28 October 2020, a Virtual Publication Event was held by video conference where contributors to the ECBC Fact Book 2020 presented an overview of some of the key themes addressed in the publication. A full video playback of this event can be accessed below.

 

 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 2020 presents 11 articles on “Key Themes of the Year” in Chapter I:

  • 1.1

    Harmonisation of Covered Bonds and Extendable Maturities – New Standards

  • 1.2

    ECB Policy Measures in Light of the Covid-19 Pandemic and Their Impact on Covered Bonds

  • 1.3

    Liquidity and Trading Volume in the EU Covered Bond Markets

  • 1.4

    The Different Dimensions of Sustainable Covered Bonds

  • 1.5

    Public Sector Covered Bonds – A Key Financing Instrument for Public Infrastructure Investments

  • 1.6

    Energy Efficient Mortgages Initiative: Firm Steps Towards Making EEM a Reality in the Market

  • 1.7

    CEE and beyond – the EBRD making the CEE covered bond market a reality

  • 1.8

    Implications from the IBOR-Benchmark Reform for the Covered Bond Markets

  • 1.9

    Digitalization of Covered Bonds: Opportunities and Challenges

  • 1.10

    Covered Bonds from a global perspective: proving their added value in times of turmoil

  • 1.11

    The Investor’s Perspective

CHAPTER II "GENERIC SECTION"

provides a detailed explanation of covered bond fundamentals, as well as the EU Legislative Package
for covered bonds, the implementation of Basel III, the Capital Markets Union (CMU), the Liquidity Coverage
Ratio, 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 countries, which demonstrates the worldwide success and recognition of the asset class.

CHAPTER IV "RATING AGENCIES & METHODOLOGY"

gives the rating agencies the opportunity to present their 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.

Please note that this update replaces the 2019 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