Moreover, the new legislation stipulates that only one dynamic cover pool will back all covered bonds, rather than a static pool backing each issuance.
For more information, please see the attached file or the Romanian version of the article, here.
ArticlesClifford Chance reports its most intense year since entering the Romanian market in 2006
InterviewsROOTED IN ROMANIA, BUILT TO DELIVER TECHNOLOGY FOR THE WORLD - EVANTAGE SOFT MODEL FOR GLOBAL IMPACT
InterviewsBUILDING IGNA INSTAL INTO A LEADER IN ROMANIA’S INSTALLATIONS SECTOR
InterviewsMARKET DOWN, INVESTMENT UP
NewsVodafone Foundation invests another 1.5 million lei in equipping neonatology units in Romania
NewsRaiffeisen Bank issues a new series of bonds denominated in euros
NewsBoris Miloushev is the new President of the Romanian Brewers Association
The proposed new legislation would introduce, among other provisions, a minimum 2% required overcollateralization, and 180-day mandatory liquidity coverage.
Moreover, the new legislation stipulates that only one dynamic cover pool will back all covered bonds, rather than a static pool backing each issuance.
For more information, please see the attached file or the Romanian version of the article, here.