Blar i Finans|Bergen - Master theses på forfatter "Hjermann, Magnus"
-
The effect of covered bonds : high encumbrance in banks : a game changer for senior unsecured debt investors?
Jørum, Mattias Røstad; Hjermann, Magnus (Master thesis, 2013)This study examines the effect covered bonds have on the senior bondholders. We discuss how this new funding method is affecting the banks' balances and to which extent the senior bonds credit spread is influenced by ...