EBA’s Liquidity Assessment of Covered Bonds ‘Astonishing’: VDP

VDP Association of German Pfandbrief Banks in Berlin says it’s “astonishing” that the European Banking Authority decided against its own liquidity assessment, which shows covered bonds are comparable to government bonds, Jens Tolckmitt, chief executive of VDP says via telephone.

  • Germany shares view of Danish colleagues, Tolckmitt says
  • Covered bond industry will try to convince the EBA and the EU Commission that decision is wrong at least for the liquid form of covered bonds: Tolckmitt
  • Still time to have discussions: Tolckmitt
  • NOTE: Denmark Says EBA Won’t Give Covered Debt Top Liquidity Stamp

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