Collateral plays a very important role in financial markets. Without easy access to high-quality collateral, dealers … economy through increased financing costs. The role of collateral has become increasingly significant since the global … financial crisis, partly due to regulatory reforms. Using bond-level data from both repo and securities lending markets, this …

The ECB has accepted increasing amounts of rubbish collateral since the crisis started leading to exposure to serious … private sector credit risk (i.e. default risk) on its collateralised lending and reverse operations ("repo"). This has led …. Secondly, the ECB's specific accounting principles of repo operations provide for more clarity and earlier recognition of …

overall activity in the repo market expands through the collateral multiplier. The improved pricing conditions alleviate … collateral scarcity and enhance market quality in both the repo and cash markets. …We utilize the Eurosystem securities lending facilities as a laboratory to investigate the impact of collateral …

Collateral plays a very important role in financial markets. Without easy access to high-quality collateral, dealers … economy through increased financing costs. The role of collateral has become increasingly significant since the global … financial crisis, partly due to regulatory reforms. Using bond-level data from both repo and securities lending markets, this …

The ECB has accepted increasing amounts of rubbish collateral since the crisis started leading to exposure to serious … private sector credit risk (i.e. default risk) on its collateralised lending and reverse operations (“repo”). This has led …. Secondly, the ECB's specific accounting principles of repo operations provide for more clarity and earlier recognition of …