While prima facie this rationalization may seem unexceptionable from the point of view of lenders, on a more incisive analysis, it turns out that, in the medium to long term, it is neither in the interests of borrowers, nor lenders.
Furthermore, as institutional investors with a significant portfolio in securities, insurance corporations and pension funds will be monitored for monetary policy and financial stability purposes. In view of the desirable further development of these statistics, we have started a close cooperation with the European Insurance and Occupational Pensions Authority (EIOPA).