Circular 4/2008

Change in the guidelines for pledging securities as collateral for loans in Norges Bank

[NOT IN FORCE]

The terms for pledging securities as collateral for loans in Norges Bank are laid down by Norges Bank pursuant to Section 3 of the Regulation on banks’ access to loans and deposits in Norges Bank etc. (Regulation no. 473 of 25 April 2001).

The current guidelines for pledging securities as collateral are set out in Circular no. 5/2 October 2007 and no. 3/6 October 2008.

Norges Bank has adopted the following amendment: 
The requirement regarding a minimum volume outstanding of NOK 300 million for securities (ISIN) issued in NOK by private issuers has been withdrawn.

The change in the guidelines comes into effect on 13 October 2008.  

Published 17 October 2008 08:29
Edited 28 December 2010 14:01