Collected Papers of the Faculty of Law, University of Novi Sad
2017, vol. 51, No. 3 – 1, pp. 897–908
Language of the paper: Serbian
Overview paper
udk: 347.728.3
doi: 10.5937/zrpfns51-15007
Author:
Nikola Krstić, Ph.D. Student
University of Novi Sad
Faculty of Law Novi Sad
advnikolakrstic@gmail.com
Abstract:
In order to increase chances for bond emission success, and to achieve lower emission interest rates, bonds collateral is used. Established collateral can be personal or given on property. Personal type of collateral can be given as personal, bank or state guarantee as well as claim insurance, while property collateral could be given in form of pledge or mortgage. This paper is concerning practical issues that are specific for establishing each type of bond collateral, preconditions that must be fulfilled in order to establish certain types of collateral and well as question, weather is it possible to establish bond collateralization in Republic of Serbia.
Keywords:
Bonds, personal collateral, property collateral, securities, capital market.