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.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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