Collateral could add billions to European debt figures
Swedish debt figures set to grow by Skr15 billion as country falls in line with EU guidelines on collateral reporting - Belgium resisting two-way CSA over possible debt impact
Dealers fear sovereign clients will resist calls to start posting collateral because of the impact it could have on their national debt figures – a headache for dealers, which are lobbying fiercely for two-way posting because of the funding, credit and capital costs associated with existing one-way agreements. The Belgian Debt Agency, for one, is reluctant to budge because of concerns collateral
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