- Source: Politika
- News clipping (1)
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The National Bank of Serbia (NBS) has expanded the list of securities that can be used in the central bank's monetary operations by including securities issued by companies with certain creditworthiness. The NBS explains that the aim is to offer support to the development of the corporate bonds market in Serbia. Corporate bonds will be available for purchase by the NBS on the secondary market (from commercial banks in the country) and may also be used as financial security (collateral) in order to obtain loans for the maintenance of the daily banking sector liquidity and short-term liquidity loans based on collateral and the provision of dinar liquidity through repo transactions. The NBS will only acknowledge bonds issued until December 1, 2020, as the final deadline for the issuance of corporate bonds, accepting only those bonds with the original maturity of five years maximum.