South Korea is keen to put security before risk
Language: English Series: Global Property ; March 2009, 17(1)Publication details: 2009Subject(s): Summary: Reports that South Korean banks are poised to become the first in Asia to issue covered bonds, which are ranked among the safest types of debt instruments. There is no law governing covered bonds in South Korea, therefore covered bond structures are likely to operate within the framework of the Korean Asset-Backed Securitization Act.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L147465 (Browse shelf(Opens below)) | 1 | Available | 147465-1001 |
Reports that South Korean banks are poised to become the first in Asia to issue covered bonds, which are ranked among the safest types of debt instruments. There is no law governing covered bonds in South Korea, therefore covered bond structures are likely to operate within the framework of the Korean Asset-Backed Securitization Act.