Newsalert Finance and Regulated Entities Department - ECB temporary grandfathering of collateral eligibility

On 22 April 2020, the European Central Bank (ECB) announced temporary measures to mitigate the effect on collateral availability of possible rating downgrades.

These measures are a response to the Covid-19 emergency and reinforce broader package of collateral easing measures adopted by the ECB on 7 April 20201, which will also remain in place until September 2021.

See the alert by our Finance and Regulated Entities Department