Ecb
Ott
11
2022
Real estate boom-bust cycles often result in financial crises. We discuss why this is the case and what lessons can be drawn from the use of macroprudential policy for real estate risks in the euro area… https://www.ecb.europa.eu/pub/financial-stability/macroprudential-bulletin/html/index.en.html
Ott
08
2022
We investigate banks’ benefits and costs of having access to LOLR. Integratingnovel data sets we estimate the borrowing capacities of euro area banks at the ECB… https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2738~360809d60b.en.pdf
Tagged width: banking, capital markets, ecb
Set
24
2022
The green bond market has increased rapidly in recent years amid growing concernsabout climate change and wider environmental issues. However, whether green bonds provide cheaper funding to issuers by trading at a premium, so-called greenium… https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2728~7baba8097e.en.pdf
Tagged width: capital markets, ecb
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
Posted in: News
Set
24
2022
On 28 July 2022 the Governing Council adopted Guideline ECB/2022/28 amending Guideline 2008/596/EC on the management of the foreign reserve assets… https://www.ecb.europa.eu//press/govcdec/otherdec/2022/html/ecb.gc220923~aad959683a.en.html
Set
17
2022
Banks play a central role in the derivatives market, acting as prime brokers, liquidityproviders or clearing members… https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2722~1e50e187df.en.pdf
Tagged width: capital markets, ecb
Monetary policy decisions
Posted in: News
Set
09
2022
The Governing Council today decided to raise the three key ECB interest rates by 75 basis points… https://www.ecb.europa.eu//press/pr/date/2022/html/ecb.mp220908~c1b6839378.en.html
Lug
29
2022
Climate risk shocks could spread throughout the financial system, notably in the event of a disorderly green transition… https://www.ecb.europa.eu//press/pr/date/2022/html/ecb.pr220726~491ecd89cb.en.html
Tagged width: capital markets, ecb
Lug
29
2022
While supranational architecture permits voluntary support, national architecture gives rise to inefficientring-fencing of a healthy subsidiary when there is high correlation between the subsidiaries’ assets… https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2688~7347dc11ae.en.pdf
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
Posted in: News
Lug
22
2022
On 24 June 2022 the Governing Council approved the setting-up of a precautionary repo line to provide euro liquidity to the AFA until 15 January 2023… https://www.ecb.europa.eu//press/govcdec/otherdec/2022/html/ecb.gc220722~c3e7c3af1f.en.html
Tagged width: banking, capital markets, ecb
Croatia to join euro area on 1 January 2023
Posted in: News
Lug
13
2022
Today the Council of the European Union formally approved the accession of Croatia to the euro area on 1 January 2023 and determined a Croatian kuna conversion rate of 7.53450 per euro… https://www.ecb.europa.eu//press/pr/date/2022/html/ecb.pr220712~b97dd38de3.en.html
Tagged width: capital markets, ecb, euroarea