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廖廖酱 · 2023年04月20日

covered bond的statement2

NO.PZ2019011002000012

问题如下:

In a discussion, Li, a junior credit analyst made the following statements about covered bonds:

Li’s statement 1: A covered bond is a senior debt obligation of a financial institution that gives recourse to the originator/issuer as well as a predetermined underlying collateral pool.

Li’s statement 2: Rating agencies often assign a credit rating to covered bonds that are several notches above that of the issuing financial institution.

According to the information above, which of Li’s statement is incorrect?

选项:

A.

Statement 1 is incorrect.

B.

Statement 2 is incorrect.

C.

Neither of the statements is incorrect.

解释:

C is correct.

考点:Covered bonds概念的理解

解析:

Li的两个Statements都是正确的,这两个Statement为讲义总结结论。

statement 2: Rating agencies often assign a credit rating to covered bonds that are several notches above that of the issuing financial institution.

老师您好,请问statement 2这句话是怎么理解?

1 个答案
已采纳答案

pzqa31 · 2023年04月21日

嗨,爱思考的PZer你好:


这句话的意思是:对于covered bonds,评级机构通常会给予高于主体评级的债项评级。因为covered bond会提供双重保护,即发行人信用+抵押,所以债项评级通常会高于主体评级。

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