All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIGFIG People and Markets

‘Huge consequences’ for German senior as ECB tightens collateral criteria


The European Central Bank (ECB) has said that bail-inable senior bank bonds cannot count as collateral, as part of changes tightening its eligiblity criteria. This could have a particular effect in Germany, where all senior bank bonds are statutorily subordinated.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree