High-grade financial instrument introduced to the capital market

The mortgage bonds were replaced by the covered bonds. It is important high-grade financial instrument of the European market, not only in the Slovak Republic. Harmonisation of the issuance conditions for covered bonds should contribute to creation of the capital markets union and also to prudent business practices in the banks. The business entities and potential investors oriented mainly towards safe investments can take advantage of this financial instrument too. Centrálny depozitár cenných papierov SR, a.s. (CDCP SR) is also ready for this new situation.More HERE.