The European Central Bank (ECB) announced the roadmap for the gradual removal of the relaxation of collateral received during the coronavirus pandemic.
The ECB's relaxations taken in April 2020 will be phased out in three steps between July 2022 and March 2024. In April 2020, the ECB had taken a series of decisions in relation to collateral in its refinancing operations in an attempt to further strengthen liquidity in the Eurozone.
(CNA)
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