covered bond
Definitions over time (1)
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07/01/2020 – 09/01/2024 Article 3, Directive (EU) 2019/2162 Scope: Whole act
For the purposes of this Directive, the following definitions apply:
‘covered bond’ means a debt obligation that is issued by a credit institution in accordance with the provisions of national law transposing the mandatory requirements of this Directive and that is secured by cover assets to which covered bond investors have direct recourse as preferred creditors;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 10/11/2026)
No text uses this concept on 10/11/2026.