ECB Pares List Of Assets It Will Lend Against

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The FINANCIAL — The European Central Bank last week removed 3,192 debt instruments from a list of assets against which it would lend, The Financial Times reports on its website Sunday,according to London Stock Exchange.

 

The report said nearly all the assets removed were French certificates of deposit.

At the start of the year, the bank loosened requirements, which saw the list of acceptable instruments expand by more than 10,000, the FT reported. After discovering some on the newly added instruments didn't meet the ECB's requirements, it dropped them, the FT said.

 

 

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