Executive Board member of the ECB speaking at an event in Paris 3 April
– at the same time, it is no panacea.
– our securities lending facilities are generally only available to banks. That means that non-bank investors that also have a strong demand for short-term German government bonds are not able to borrow these bonds directly from the Eurosystem
ECB’s Coeure says “over time we would expect that our new cash collateral facility will help reduce tensions”
