ICMA writes to ECB raising concerns about Eurozone repo and money market conditions

 

26 October 2022  The International Capital Market Association (ICMA) has written to the ECB expressing industry concerns about current conditions in the Eurozone repo and money markets, and the risk that rising dysfunction in the market could imperil the transmission of monetary policy. The letter is co-signed by ICMA’s dedicated constituencies representing the repo and collateral markets, the commercial paper and certificates of deposit market, the secondary bond markets, as well as the asset manager and investor community.


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