ECB Selects 4 Money Managers for Asset-Backed Securities Purchase Program

Posted on 10/31/2014

The European Central Bank (ECB) selected four money managers to execute transactions for the bank’s asset-backed securities purchase program. These managers are in charge for conducting the eligible purchase transactions on “explicit instructions from, and on behalf of, the Eurosystem, which will undertake price checks and due diligence prior to approving the transactions,” – stated […]

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