Asset-backed securities purchase programme
Monetary policy - Eurosystem - Asset Purchase Programme.
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.
- Asset backed securities
- Asset purchase programme
- Central bank
- Corporate sector purchase programme
- Covered bond purchase programme
- Euro area
- European Central Bank
- Helicopter money
- Investment grade
- Modern Monetary Theory
- Monetary policy
- Money supply
- Quantitative easing
- Public sector purchase programme
- Unconventional monetary policy