German Covered Bonds Overview and Risk Analysis of Pfandbriefe /

• Main Authors: Werner, Ralf (Author), Spangler, Manuela (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2014.
• Series: SpringerBriefs in Finance,
• Subjects: Finance.; Insurance.; Economics, Mathematical.; Actuarial science.; Macroeconomics.; Finance, general.; Macroeconomics/Monetary Economics//Financial Economics.; Quantitative Finance.; Actuarial Sciences.

The Pfandbrief, a mostly triple-A rated German bank debenture, has become the blueprint of many covered bond models in Europe and beyond. The Pfandbrief is collateralized by long-term assets such as property mortgages or public sector loans as stipulated in the Pfandbrief Act. With a history that go...

Table of Contents:

• Introduction
• Legal Framework
• The Pfandbrief Market
• Risk Analysis
• Resume. .