Belgian and French central banks get larger role buying asset-backed securities
More national central banks may be appointed later, ECB says
The National Bank of Belgium (NBB) and the Banque de France were handed larger roles in the Eurosystem's asset-backed securities purchase programme today (September 23).
The European Central Bank announced the Belgian central bank will take up an "asset management task" while the Banque de France – already responsible for part of the programme – will cover "an increased number of jurisdictions". They will begin their new roles on October 27.
The ECB had planned to gradually bring more central
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