Danish Covered Bond Handbook
Danske Markets
Download Document| Date Published | May 2012 |
| Version | |
| Primary Author | Danske Markets |
| Other Authors | |
| Theme | Legal Framework for Housing Finance |
| Country | Denmark |
Abstract
In this document, we describe the Danish mortgage credit market and its pass-through bonds, including a description of the security underlying the bonds. Until 2007 issuance of Danish covered bonds (mortgage bonds) in Denmark was done through specialist mortgage banks where the general feature was a pass-through product. However, the significant revision of the law in 2007 opened the way for non-specialist banks to issue covered bonds.