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AAA-rated covered bond issuances

French translation: émissions d'obligations foncières notées AAA

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:AAA-rated covered bond issuances
French translation:émissions d'obligations foncières notées AAA
Entered by: Stéphanie Soudais
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11:54 Sep 23, 2007
English to French translations [PRO]
Bus/Financial - Finance (general) / lending sector
English term or phrase: AAA-rated covered bond issuances
The UK and European markets conform to the legal UCITS guidelines for mortgage products comprising AAA-rated covered bond issuances in each specific jurisdiction.
Cyril Bel-Ange
France
Local time: 22:16
émissions d'obligations foncières notées AAA
Explanation:
In Spain, for example, covered bonds backed by mortgages, known as Cédulas Hipotecarias, were created by a special law in 1981, while in France, covered bonds, known as obligations foncières, can be traced as far back as 1852, with the establishment of the first mortgage bank, Credit Foncier de France.

http://europe.pimco.com/LeftNav/Bond Basics/2006/Covered Bon...
Selected response from:

Stéphanie Soudais
France
Local time: 22:16
Grading comment
merci
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1émissions d'obligations foncières notées AAA
Stéphanie Soudais


  

Answers


30 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
aaa-rated covered bond issuances
émissions d'obligations foncières notées AAA


Explanation:
In Spain, for example, covered bonds backed by mortgages, known as Cédulas Hipotecarias, were created by a special law in 1981, while in France, covered bonds, known as obligations foncières, can be traced as far back as 1852, with the establishment of the first mortgage bank, Credit Foncier de France.

http://europe.pimco.com/LeftNav/Bond Basics/2006/Covered Bon...

Stéphanie Soudais
France
Local time: 22:16
Specializes in field
Native speaker of: French
PRO pts in category: 1239
Grading comment
merci

Peer comments on this answer (and responses from the answerer)
agree  juristrad
3 hrs
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Changes made by editors
Sep 23, 2007 - Changes made by Stéphanie Soudais:
Created KOG entryKudoZ term » KOG term


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