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ECB Raises Limit on Securities Lending to Ease Year-End Crunch.

Authors :
Cherry, Libby
Hirai, James
Source :
Bloomberg.com; 11/10/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

A decision by the German finance agency to increase securities lending, collateral released by early repayment of ECB pandemic-era loans to banks and eventually quantitative tightening could also help, he added. (Bloomberg) -- The European Central Bank has increased the amount of securities that central banks in the euro area can lend out against cash collateral, a bid to satisfy demand for high-quality liquid assets around year-end. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
160139513