Total outstanding covered bonds by underlying assets, 2003-13 (trillion euros)

Total outstanding covered bonds by underlying assets, 2003-13 (trillion euros)

Total outstanding covered bonds by underlying assets, 2003-13 (trillion euros)

The covered bond is a debt instrument with a long history in Europe, that has recently come to be used in an increasing number of EU countries: according to statistics published by the European Covered Bond Council, the covered bond market has developed into the most important segment of privately issued bonds on Europe’s capital markets, with a volume of €2 600 billion at the end of 2013.


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