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Basic Question 0 of 15
Which statement regarding covered bond is TRUE? A. A covered bond is typically issued by a SPE.
B. It has a multiple tranche structure.
C. Its covered pool is made up of mortgages and public sector loans.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
describe characteristics and risks of covered bonds and how they differ from other asset-backed securities
CFA® 2025 Level I Curriculum, Volume 4, Module 18.