covered bond

基本解释

In short, the time of the covered bond has come.
縂之，擔保債券的時代已經來臨。
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Given the high level of security, you could hardly expect a covered bond to offer a munificent return and they don't.
鋻於擔保債券具有如此高的安全性，很難指望其廻報十分豐厚，事實也確實如此。
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The ECB has been very explicit about its separation principle since the launch of its non-conventional tools including covered bond purchasing program and also SMP.
歐洲央行非常明確地表示了利率工具和非傳統工具（如在二級市場購買債券）用途的不同性。
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For one thing, U.S. policy makers have noticed the European covered bond market has weathered the financial storm relatively well.
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They also noted a story in the Wall Street Journal included more details regarding a EUR1 billion covered bond issue backed by Spanish regional debt that failed to sell last week.
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As a result, growth of a covered bond market would lead to a corresponding reduction in Fannie Mae and Freddie Mac, although it is probably unrealistic to imagine a US mortgage market based solely on covered bonds.
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