No credit exposure limit for primary dealers in govt debt

03 Sep, 2012

 

In earlier guidelines, primary dealers were advised to adhere to a credit exposure limit of 25 percent of their net owned funds to a single borrower and 40 percent of their net owned funds to group borrowers.

 

However, primary dealers should include credit risk exposures for non-government securities, the central bank said in a statement.

 

Copyright Reuters, 2012

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