The European Central Bank (ECB) published adjustments of risk control measures for newly issued ABS.

The ECB intends to limit repo collateral to triple-A rated bonds and will no longer accept collateral that is backed by other ABS, a change that could limit future repo restructurings.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.