Commentary

Towards a Harmonised Covered Bond Instrument – CPT: a Product Looking for a Home

Covered Bonds

Summary

DBRS Ratings Limited (DBRS) published “Towards a Harmonised Covered Bond Instrument – CPT: a Product Looking for a Home,” a commentary aimed at contextualising the role of conditional pass-through (CPT) covered bonds during the process of harmonisation of covered bond frameworks within the European Union.