Asset-backed securities purchase programme

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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