DOINGBUSINESS.RO

  |  2015-02-20

Romania is contemplating amending its covered bond legislation

The proposed new legislation would introduce, among other provisions, a minimum 2% required overcollateralization, and 180-day mandatory liquidity coverage.

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Moreover, the new legislation stipulates that only one dynamic cover pool will back all covered bonds, rather than a static pool backing each issuance.

 

For more information, please see the attached file or the Romanian version of the article, here.

 

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