The ECBC Covered Bond Label has been developed by the European issuer community in close partnership with investors and regulators, and in consultation with all major stakeholders. The Label is based on the Covered Bond Label Convention, which defines the core characteristics required for a covered bond programme to qualify. In 2016 a Harmonised Transparency Template is implemented as an integral part of the Covered Bond Label.
A high level of transparency has always been an important characteristic of the Danish covered bond market. As part of the ECBC Label Initiative the Danish market participants have gathered all available information and consolidated it the Danish national transparency template. The transparency template offers investors a single point of entry to the extensive information available on covered bond issues. The transparency template helps investors obtain an extensive overview of any Danish covered bond issue with a minimum of effort. Danish covered bonds are high quality assets complying with all requirements necessary to obtain the official quality stamp “ECBC Covered Bond Label”. The widespread use of the label among the Danish issuers supports the demand for Danish covered bonds in the market.
For more information please visit www.coveredbondlabel.com