Covered Bonds Are Issued By

Multiple Choice

Covered bonds are issued by:

A) NBFIs and must have a pool of assets covering the bonds that meet 105% of the face value of the outstanding covered bonds
B) depository institutions and must have a pool of assets covering the bonds that meet 105% of the face value of the outstanding covered bonds
C) by depository institutions and must have a pool of assets covering the bonds that meet 100% of the face value of the outstanding covered bonds
D) depository institutions and must have a pool of assets covering the bonds that meet 103% of the face value of the outstanding covered bonds