Introduction
A Société de crédit foncier may acquire its own obligations foncières with the sole aim of pledging them to guarantee credit operations with the Banque de France in the event the SCF would be unable to cover its liquidity requirements by other means at its disposal. These obligations foncières may not represent more than 10% of the total outstanding resources benefiting from the privilege at the date of the acquisition. See article L.515-32-1
Relevant legislation
Legislative texts
