Rules to Back Bonds With Equity May Come Soon, Handelsblatt Says

Europe may soon introduce regulation requiring minimum capital requirements for bonds owned by banks, Handelsblatt said, citing Ulrich Schroeder, who heads Germany’s state-owned development bank KfW Group.

Such requirements may be introduced when the Basel III rules come into effect, the newspaper cited Schroeder as saying.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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