Bloomberg: ECB considering changing rules on asset-backed collateral

Author: Jamie Coleman | Category: Central Banks
  • May lend more based on asset-backed collateral so long as they have more information on the from the issuers on the loans contained within the bonds.

One more form of easing from the ECB…

Also, if you are posting a ham sandwich as collateral, the ECB will give you more money if you tell them what kind of ham is in the sandwich…

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