EBU Single Rulebook Q&A 1 July 2022 2022_6508 Template 10: Other climate change mitigating actions - Covered bonds

Is it correct that a covered bond will be classified as a bond with a credit institution (financial corporation) as counterparty? We would like to be sure how to classify covered bonds. Finance Denmark Industry association According to Article 3 (1) of the Directive (EU) 2019/2162 covered bonds are debt obligations issued by credit institutions.