The European Central Bank's Repo Facility for Asset-Backed Securities: An Update

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The European Central Bank's Repo Facility for Asset-Backed Securities: An Update

The July 2009 Edition of the Securitisation & Structured Capital Markets Newsletter contained an article reviewing the gradual tightening of the eligibility criteria for the European Central Bank's asset repurchase facility, which allows asset-backed securities to be used as collateral for funding.

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