Regulatory Alerts2020-07-27
Decision on the Criteria for Eligibility of Securities Issued by Domestic Companies in Monetary Operations of the National Bank of Serbia
The National Bank of Serbia issued this Decision to establish eligibility criteria for corporate bonds in its monetary operations, including open market transactions and liquidity loans. Eligible securities must be dinar-denominated, issued by non-supervised domestic companies with a minimum solvency rating of "(D) acceptable solvency," and have a maximum original maturity of ten years. The regulation imposes aggregate limits on accepted bonds, capping the total nominal value at 55 billion dinars, 70 percent per individual issue, and 11 billion dinars per single issuer.
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