reason1

问题如下：

Consider the following potential reasons to explain why coveredbonds usually carry lower credit risks and offer lower yields than otherwisesimilar ABS:

1. Eligibility criteria

2. Dynamic cover pool

3. Redemption regime in event of sponsor default

Which of thefollowing factors accurately explain(s) this result?

选项：

A.

Reason 1 only

B.

Reasons 1 and 2 only

C.

Reasons 1, 2, and 3

解释：

Correct Answer: C

All three of thelisted reasons explain this comparative result, which has made covered bonds arelatively stable and reliable source of funding over time.