Changed regulations for collateral

Date

The Riksbank has decided to change the regulations for collateral for loans provided by the Riksbank.

During the financial crisis 2008-2009 the Riksbank made some changes to its regulations regarding collateral. The Riksbank has now revised these regulations and decided on certain changes which include:

  • the Riksbank will no longer accept securities issued by credit institutions if the securities are not secured or do not have a general or local government guarantee,
  • some types of securities, including own covered bonds and securities with lower credit ratings, will only be accepted to a maximum value of 40 per cent of a counterparty's total collateral value,
  • the Riksbank will not accept Asset-Backed Securities.

The new regulations will come into force in April 2013. However, transitional regulations will apply, which means that it is not until 1 July 2014 that the new regulations will apply in full.

Last reviewed

Content expert

Contact content expert

Fill in the information

To minimize automated spam, please answer the question in the box below.

7 + 7 ?