题目
Which statement about covered bonds is least accurate?
选项
A.Covered bonds provide investors with dual recourse, to the cover pool and also to the issuer.
B.Covered bonds usually carry higher credit risks and offer higher yields than otherwise similar ABS.
C.Covered bonds have a dynamic cover pool, meaning sponsors must replace any prepaid or non-performing assets.
答案
B
解析
B is correct. Covered bonds usually carry lower credit risks and offer lower yields than otherwise similar ABS. The reason is, among other factors, covered bonds provide investors with dual recourse, to the cover pool and also to the issuer. Moreover, covered bonds have a dynamic cover pool, meaning sponsors must replace any prepaid or non-performing assets.B是正确的。与其他类似的资产支持证券相比，担保债券通常具有较低的信用风险和较低的收益率。原因是，除其他因素外，担保债券为投资者提供了双重追索权，即对资产池和发行人的追索权。此外，担保债券有一个动态资产池，这意味着必须更换任何预付或不良资产。