Draghi shows ABS the money but regulators hold revival key
The European ABS market may soon have the full weight of the ECB’s balance sheet behind it after the central bank president, Mario Draghi, announced on Thursday that outright purchases are being prepared. But while bankers are hopeful investors could be attracted to the product and issuance volumes increased, they remain convinced that the regulatory framework to support a true revival is still not in place.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: