All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIGCovered Bonds

Unwinding TLTRO debt 'will raise funding costs'

ECB 230x150 euro sculpture

Repaying funding received under the European Central Bank’s targeted longer-term refinancing operations (TLTROs) is likely to raise funding costs but, as most Iberian banks have made plans, refinancing risks are limited, according to Moody’s.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree