vdp Slides for Covered Bond Roundtable (Jan. 29)

These six slides were prepared for a presentation by Jens Tolckmitt, Executive Director of the Association of German Pfandbrief Banks (vdp), at the Covered Bond Roundtable (Jan. 29, 2010) in Washington, D.C., titled "Why the U.S. Needs Covered Bonds."  The slides depict:

1. Spread development (Jan. 2007 - Jan. 2009)
2. Outstanding jumbo (i.e., at least €1 billion) covered bonds
3. Jumbo market shares (by country)
4. Number of inaugural jumbo covered bond transactions (1994 - 2010)
5. Gross issuance of jumbo covered bonds (1995 - 2010)
6. Pfandbrief (German legislatively supported covered bonds) sales (Jan. 2007 - Oct. 2009)

To download a PDF, click on "vdp slides Jan 29" under "Attachment," below.