Norges Bank proposes amendments to collateral framework
Norges Bank on Friday announced plans to increase the size of the haircuts it applies to collateral held at the central bank, as part of measures to reduce its exposure to counterparty risk.
Proposed amendments to Norges Bank's Lending Regulation, which provides guidelines pledging securities and fund units as collateral for loans, include an increase in the value-weighted haircut from 4% to 9%. In addition to the general increase in haircut rates, further haircuts will be applied to asset
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