LCR will not need minimum OC in national laws
Covered bond overcollateralisation must be calculated on a legally defined methodology for covered bonds to qualify for inclusion in the liquidity coverage ratio, according to the European Covered Bond Council. But this does not necessarily mean a legal minimum OC level, which should avoid amendments to national covered bond laws.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts