MuniFin eyes insurers following Solvency II amendment
Finland’s Municipality Finance is hoping to receive increased demand for its bonds from insurance companies, following a recent amendment to the Solvency II regulation.
Under the amendment, bonds issued by agencies that are fully guaranteed by regional governments and local authorities are now treated as exposures to the central government and carry a 0% risk factor.MuniFin qualifies for the amendment as its bonds are fully guaranteed by Finland’s Municipal Guarantee Board. ...
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