Covered bond purchase programme

Monetary policy - Eurosystem - Asset Purchase Programme.

(ABSPP).

The Eurosystem's asset-backed securities 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.

The ABSPP was established in 2014.

See also

• Asset-backed securities purchase programme
• Asset purchase programme
• Bond
• Central bank
• Corporate sector purchase programme
• Covered bond
• euro
• Euro area
• European Central Bank
• Eurosystem
• Helicopter money
• Investment grade
• Modern Monetary Theory
• Monetary policy
• Money supply
• Pandemic emergency purchase programme
• Prime
• Quantitative easing
• Public sector purchase programme
• Unconventional monetary policy