Issuer
Banco Popular Español S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages)
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Summary
BPE CH are issued under the Spanish Mortgage Law. In case of Issuer default, the entire mortgage book of the bank (except those loans backing securitisations or bonos hipotecarios) including residential and commercial mortgages, is available to repay principal and interest of the Covered Bonds.