Bayern LB “Covered Bond Report” No. 22

Covered Bond Report is a periodical prepared by Germany's Bayerische Landesbank.  Its issues are Europe-focused but meaty, with lots of charts and graphs.  (It is specifically not intended for distribution in the U.S.)  Issue No. 22 includes information on topics including Britain’s new program to register for regulated covered bonds; the perilous situation at Hypo Real Estate Groups (which is a major player in German covered bonds); and the advent of new state guarantees for bonds.

Obtain a PDF of the issue from Bayern LB's website here