Avesani, Renzo G.; Ribakova, Elina; Pascual, Antonio Garcia - International Monetary Fund (IMF) - 2007
The rapid mortgage credit growth experienced in recent years in mature and emerging countries has raised some stability … mortgage covered bonds. From the issuer's perspective, these instruments have become an attractive funding source and a tool … mortgage portfolio. Our analysis also suggests that mortgage covered bonds could be of interest to other mature and emerging …