Covered bond purchase programme: Difference between revisions

Latest revision as of 02:07, 27 January 2021

Monetary policy - Eurosystem - Asset Purchase Programme.

(CBPP3).

The Eurosystem's covered bond purchase programme is part of its asset purchase programme, and is coordinated by the European Central Bank (ECB).

Assets eligible for purchase are prime euro-denominated covered bonds, issued by credit institutions established in the euro area.

The first covered bond purchase programme (CBPP1) was established in 2009.

The third covered bond purchase programme (CBPP3) was established in 2014.

@@ Line 1: / Line 1: @@
 ''Monetary policy - Eurosystem - Asset Purchase Programme.''
-(ABSPP).
+(CBPP3).
-The Eurosystem's asset-backed securities purchase programme is part of its asset purchase programme, and is coordinated by the European Central Bank (ECB).
+The Eurosystem's covered bond purchase programme is part of its asset purchase programme, and is coordinated by the European Central Bank (ECB).
-Assets eligible for purchase are prime euro-denominated asset backed securities, issued by non-bank corporations established in the euro area.
+Assets eligible for purchase are prime euro-denominated covered bonds, issued by credit institutions established in the euro area.
-The ABSPP was established in 2014.
+The first covered bond purchase programme (CBPP1) was established in 2009.
+The third covered bond purchase programme (CBPP3) was established in 2014.
@@ Line 32: / Line 35: @@
 * [[Public sector purchase programme]]
 * [[Unconventional monetary policy]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:The_business_context]]
+[[Category:Investment]]
+[[Category:Manage_risks]]
+[[Category:Financial_products_and_markets]]