OREANDA-NEWS. August 12, 2009.  The Bank of Russia is attempting to revive the mortgage bond market. CBR intends to soften requirements for banks looking to issue mortgage bonds and cancelled the requirement whereby the amount of deposits in bank liabilities should not exceed 50% of equity, reported the press-centre of FINAM.

“The maximum relation of aggregate liabilities of a lending institution to creditors with a pre-emptive right to have their claims settled to owners of mortgage bonds to equity (H19) has been zero-rated”, according to draft amendments to CBR’s directive regulating mandatory standards for banks issuing mortgage bonds.