Collateral marketable (collateral traded in the market)

Most central banks, including the ECB, generally accept as collateral only assets that are traded on the market and can therefore be valued at a market price. – See eligibility, collateral, quantitative easing, short-term European paper, collateral, haircut. – Cf. ECB Monthly Bulletin, February 2012, p. 33 f. (expansion of the list of eligible collateral pushed through in the Governing Council).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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