So basically, covered bonds are backed by loans but still stay on the issuer’s balance sheet, right? I saw someone mention that’s what makes them safer than MBS.Anyway, I’ve been jumping between finance stuff and scrolling Shop sneaker deals at the same time. Total multitasking day 😂.
So basically, covered bonds are backed by loans but still stay on the issuer’s balance sheet, right? I saw someone mention that’s what makes them safer than MBS.Anyway, I’ve been jumping between finance stuff and scrolling Shop sneaker deals at the same time. Total multitasking day 😂.