Bond lending facility has been launched

31 March 2010

For the first time under the mortgage bond purchase programme announced by the Monetary Council on 8 February 2010, the MNB purchased an amount of series FJ15NF01 mortgage bonds sold by public auction by FHB Mortgage Bank Plc on 11 March 2010. In accordance with the Council’s decision, as from 1 April 2010 the MNB will make available the bonds purchased under the scheme for on-lending to domestic credit institutions with direct RTGS or ICS membership that have entered into a written market maker agreement with FHB Mortgage Bank Plc. Further details on the Bank’s securities lending facility are available in the attached Notice.

Conditions for lending series FJ15NF01 mortgage bonds