ECB publishes wholesale credit markets survey

No tightening in terms for euro-denominated securities, central bank finds

ECB + bridge

Credit terms in euro-denominated securities financing and over-the-counter derivatives markets remained unchanged during the last quarter of 2023, a European Central Bank (ECB) survey found. 

This was despite respondents to the ECB’s previous survey, in September, forecasting a further tightening of conditions during the final quarter of the year.

The ECB published the results on 2 February. The survey collected responses from 25 large banks and dealers active in targeted euro-denominated markets

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