RBNZ plans new secured asset class for repo
The Reserve Bank of New Zealand (RBNZ) is consulting on boosting the quality of mortgages that secure bonds used for repo purposes. This should improve liquidity for domestic banks, but siphoning off the best quality mortgages could hurt collateral quality for distributed covered bond and RMBS deals.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: