Pelizzon, Loriana; Riedel, Max; Simon, Zorka; … - 2020 - This draft: April 2020
We study how the Eurosystem Collateral Framework for corporate bonds helps the European Central Bank (ECB) fulfill its policy mandate. Using the ECBs eligibility list, we identify the first inclusion date of both bonds and issuers. We find that due to the increased supply and demand for...