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

EPISODE · Apr 23, 2020 · 10 MIN

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

from FT News Briefing

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.

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

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This episode was published on April 23, 2020.

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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...

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