November 10, 2022 08:39 GMT
Raises securities lending limit to support repo market
ECB
An ECB spokesman told MNI: "The Eurosystem decided to increase the Securities Lending limit against cash to EUR 250 bn to pre-empt any potential concerns around year-end. This higher limit will ensure that the Eurosystem Securities Lending facilities can continue to support market functioning and provide an efficient backstop for the euro area repo markets in particular over the year-end."
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