The Covered Bond Label opened for registrations in mid-2012. Following on from an initial test phase run in 2012, the website became fully operational on 1 January 2013, with the first Labels being effective since then. As of January 2017, the Covered Bond Label website features 14 National Transparency Templates, 82 issuer Profiles and information on 98 labelled cover pools across 16 jurisdictions globally. Moreover, the website provides issuance data on close to 4,300 covered bonds, amounting to a total face value of over 1.4 trillion EUR, out of which over 2,000 covered bonds already include information on the Liquidity Coverage Requirement (LCR).