ECBC asks for NSFR carve-out for covered bonds with matching principle

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ECBC asks for NSFR carve-out for covered bonds with matching principle

The European Mortgage Federation-European Covered Bond Council (EMF-ECBC) on Wednesday responded to the European Banking Authority's (EBA) December report on the Net Stable Funding Ratio and has requested special treatment for covered bond structures where the matching principle is enshrined in law.

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