3. — Directive (EU) 2019/2162 of the European Parliament and of the Council of 27…

3.

Directive (EU) 2019/2162 of the European Parliament and of the Council of 27 November 2019 on the issue of covered bonds and covered bond public supervision and amending Directives 2009/65/EC and 2014/59/EU (Text with EEA relevance) · European Union

The liabilities referred to in paragraph 2 shall include: the obligations for the payment of the principal amount of outstanding covered bonds; the obligations for the payment of any interest on outstanding covered bonds; the payment obligations attached to derivative contracts held in accordance with Article 11; and the expected costs related to maintenance and administration for the winding-down of the covered bond programme. For the purposes of point (d) of the first subparagraph, Member States may allow a lump sum calculation.

← art_15__para_2__text_1 · All articles · art_15__para_3__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.