ECB to Fully Shift Bond Buying Mandate from Money Managers to Central Banks

Posted on 12/16/2016

The European Central Bank (ECB) has mandated the national central banks of each country will conduct the remainder of the ECB’s asset-backed securities purchase program starting April 1, 2017, instead of money management firms. The official name of the program was ABS purchase programme (ABSPP). As of April 1, 2017, Nationale Bank van België/Banque Nationale […]