Examples of Bond Programme in a sentence
Covered Bonds issued under the legacy Covered Bond Programme do not form part of the Legislative Covered Bond Programme, nor do they benefit from the Covered Bond Legislative Framework.
Banco di Desio e della Brianza S.p.A. (“Banco Desio” or the "Issuer") has established a Covered Bond Programme (the "Programme") for the issuance of up to Euro 3,000,000,000 in aggregate principal amount of covered bonds (the "Covered Bonds") guaranteed by Desio OBG S.r.l. (the "Guarantor").
Crédit Agricole Italia S.p.A. (“Crédit Agricole Italia” or “CA Italia” or the "Issuer") has established a Covered Bond Programme (the "Programme") for the issuance of up to Euro 16,000,000,000 in aggregate principal amount of covered bonds (the "Covered Bonds") guaranteed by Crédit Agricole Italia OBG S.r.l. (the "Guarantor").
Unione di Banche Italiane S.c.p.A. (the "Issuer") has established a Covered Bond Programme (the "Programme") for the issuance of up to Euro 5,000,000,000 in aggregate principal amount of covered bonds (the "Covered Bonds") guaranteed by UBI Finance CB 2 S.r.l. (the "Guarantor").
Unione di Banche Italiane S.p.A. (the "Issuer") has established a Covered Bond Programme (the "Programme") for the issuance of up to Euro 5,000,000,000 in aggregate principal amount of covered bonds (the "Covered Bonds") guaranteed by UBI Finance CB 2 S.r.l. (the "Guarantor").
Banca Popolare di Sondrio S.c.p.A. (“BPS” or the "Issuer") has established a Covered Bond Programme (the "Programme") for the issuance of up to Euro 5,000,000,000 in aggregate principal amount of covered bonds (the "Covered Bonds") guaranteed by POPSO Covered Bond S.r.l. (the "Guarantor").
Should a combination of a sharp decrease of the residential or commercial mortgage loan production and an appreciable increase of the prepayment rate occur, such circumstance could affect BPER's capacity to ensure a suitable claim substitution according to either the First Covered Bond Programme or the Second Covered Bond Programme provisions.
Risks related to such financial structured instruments are connected to the capacity of BPER to maintain the required over collateralisation ratio between the pools assigned as guarantees and the covered bonds issued under both the First Covered Bond Programme and the Second Covered Bond Programme.
Sums raised under the Government Bond Programme are credited to the Bond Fund.
Failure to satisfy the structure requirements under either the First Covered Bond Programme or the Second Covered Bond Programme could adversely affect the Issuer’s financial performance and business activities.