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NCSHA Comments on HQLA Muni Bonds Interim Final Rule

Published on October 5, 2018

NCSHA sent comments to the Legislative and Regulatory Activities Division of the Office of the Comptroller of the Currency regarding the Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as High-Quality Liquid Assets.

NCSHA thanks the Regulators for expeditiously carrying out Congress’ direction to classify all municipal bonds that are “liquid and readily marketable,” including tax-exempt private activity Housing Bonds, as HQLAs.