Tuesday , May 21 2024
Home / Tag Archives: collateral

Tag Archives: collateral

ECB will accept Greek government bonds as collateral

The European Central Bank (ECB) announced on Tuesday that it will accept Greek government bonds as collateral as the coronavirus pandemic hit the eurozone. The ECB will accept government-guaranteed loans as collateral even with lower credit quality, and it will allow banks to pledge more unsecured debt as collateral. “A …

Read More »

ECB reinstates waiver affecting eligibility of Greek bonds as collateral

Greece can borrow cheap again from the European Central Bank. The ECB reinstates waiver of minimum credit rating requirements affecting the eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations. – Good! ECB Press release 22 June 2016 ECB’s Governing Council reinstates waiver of minimum credit rating …

Read More »

ECB – Greek Bonds collateral: “Blackmail” is the answer

Blackmail is the only “strategy” they know. And they apply it again towards Greece. The European Central Bank allegedly is preparing to accept again “Greek bonds as collateral for liquidity” provided that the “Pension Reform passes through the parliament.” “ECB prepares to again accept Greek bonds as collateral for cash …

Read More »

Greek FinMin statement on ECB decision (in English)

In a statement issue early hours of Thursday, the Greek Finance Ministry stressed that the Greek banking system is “adequately capitalized and fully protected through access to the Emergency Liquidity Assistance” and that the ECB puts pressure on the Eurogroup to proceed rapidly to a new agreement between Greece and …

Read More »

ECB Stopped Accepting Greek Bonds & Other Collateral

  The European Central Bank turned up the heat on Greece on Friday ahead of a review of its bailout programme, saying it would stop accepting Greek bonds and other collateral used by Greek banks to tap ECB funding, at least until after the review. The ECB move, which analysts …

Read More »