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Basic Question 2 of 2
Which statement regarding covered bond is TRUE? A. A covered bond is typically issued by a SPE.
B. It has a multiple tranche structure.
C. Its covered pool is made up of mortgages and public sector loans.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe characteristics and risks of covered bonds and how they differ from other asset-backed securities
CFA® 2024 Level I Curriculum, Volume 4, Module 18.