ECB to accept ‘fallen angel’ bonds as collateral, Covid-19 legal protections

ECB to accept ‘fallen angel’ bonds as collateral, Covid-19 legal protections

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Episode
388 of 2036
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11M
Sprog
Engelsk
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Fakta

The European Central Bank has changed its rules to accept bonds that lose their investment grade credit rating during the coronavirus crisis as collateral, oil prices rebounded on Wednesday after Donald Trump stoked Middle East tensions, and US business groups are calling on the federal government to shield companies from litigation if workers are exposed to the virus. Plus, the FT’s Moscow bureau chief, Henry Foy, explains why Vladimir Putin’s regime is leaning on tycoons to help the state in troubled times. Hosted on Acast. See acast.com/privacy for more information.


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