ECB Debt Certificates — New Use for an Old Instrument?
Abstract In response to the coronavirus crisis, the central banks of the Eurosystem have further increased their APP bond purchases and supplemented them with purchases under the PEPP programme. Together with other unconventional monetary policy measures, this generated additional liquidity would ha...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | deu |
| Published: |
Springer
2021-09-01
|
| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-021-3008-0 |