ECB breaks equal-treatment pledge and accepts Greek junk bonds

ecb-office-frankfurt

The European Central Bank (ECB) on Monday suspended the minimum credit rating required for Greek government debt used as collateral, after it made clear in January it would not offer special treatment to any eurozone members.

The ECB said it would suspend "indefinitely" the application of the minimum credit rating threshold in the collateral eligibility requirements on marketable debt instruments issued or guaranteed by the Greek government.

The decision comes after Greece reached an agreement w

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: