Question: Which statement about covered bonds is least accurate? A. Covered bonds provide investors with dual recourse, to the cover pool and also to the issuer.

Which statement about covered bonds is least accurate?

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 pre-paid or non-performing assets?

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