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Public finance
The Public Pfandbrief serves to refinance claims resulting from public finance activities. § 20 Pfandbrief Act (PBA) specifies the eligibility criteria which public-sector lendings must comply with in order to serve as cover assets for Public Pfandbriefe. This provision has been amended in 2009.
In Germany »
Around one half of the public finance in Germany is arranged by vdp-member banks. In the following you will find further information on the legal eligibility of such lendings for the public cover pool. more »
Abroad »
§ 20 PBA also specifies the criteria under which claims against foreign public-sector debtors are eligible for the public cover pool. more »
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