Resiliency of Canadian Covered Bonds

Resiliency of Canadian Covered Bonds In the current world of sharply rising interest rates and a possible recession, questions have arisen about the resiliency of the cover pools for Canadian covered bonds. Additional focus is brought to this question by … Continue reading

Stellar Year for Canadian Covered Bonds

A Smashing Year for the Canadians 2022 was a remarkable year for Canadian covered bond issuers. The Canadians issued 68 series of covered bonds in 2022 for an equivalent total of C$100,515 million, more than doubling the 30 offerings of … Continue reading

1Q22 – A Blistering Pace in 1st Quarter

A Blistering Pace in 1Q22 It was a notable first quarter for Canadian covered bond issuers: 19 issuances across dollars, sterling and euros [see the table below].  All six of the major Canadian banks issued bonds.  On a Canadian dollar equivalence … Continue reading