Dollar, Pound and Yen to be used as collateral in Eurosystem credit operations

Dollar, Pound and Yen to be used as collateral in Eurosystem credit operations


Following the meeting of the Governing Council of the European Central Bank on 6 September 2012 at its premises in Frankfurt am Main, Germany, Mario Draghi President of the ECB announced reding from a press release that the ECB has decided that marketable debt instruments denominated in currencies other than the euro, namely the US dollar, the pound sterling and the Japanese yen, and issued and held in the euro area, are eligible to be used as collateral in Eurosystem credit operations u...


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