Risk Driving Factors for Covered Bond Issuers in Sweden
This thesis investigates the possibility of modelling the covered bond risk, quantied by the yield spread over government bond, by using a multi factor model with explanatory factors. The thesis focuses on covered bond issued in Sweden, in Swedish krona, by Swedish issuers. The most signicant result is that there is a relationship between issuer risk, quantied by the CDS spread, and the covered bo