{"id":55612,"date":"2021-11-25T19:12:33","date_gmt":"2021-11-25T15:12:33","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=55612"},"modified":"2021-11-25T19:15:29","modified_gmt":"2021-11-25T15:15:29","slug":"ecb-under-pressure-to-unlock-bonds","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ecb-under-pressure-to-unlock-bonds\/11\/25\/market-updates\/","title":{"rendered":"ECB Under Pressure To Unlock Bonds"},"content":{"rendered":"\n<p>The European Central Bank is under growing pressure from bankers to lend more of its stash of German government bonds to avert a market squeeze that would undo some of its own stimulus efforts.<br><br>As the safest debt in the region, Germany&#8217;s sovereign bonds are the lifeblood of European financial markets and the most coveted collateral for guaranteeing trades at clearing houses.<br><br>But there aren&#8217;t enough of them to satisfy demand in the 8.3-trillion-euro ($9.3 trillion) market for repurchase agreements, or repos, where investors swap cash for bonds.<br><br>This is because the ECB &#8211; mostly via Germany&#8217;s Bundesbank &#8211; has hoovered up nearly a third of German public debt in an effort to support the euro zone economy since 2015 and, with renewed impetus, during the COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Central Bank is under growing pressure from bankers to lend more of its stash of German government bonds to avert a market squeeze that would undo some of its own stimulus efforts.As the safest debt in the region, Germany&#8217;s sovereign bonds are the lifeblood of European financial markets and the most coveted collateral &hellip;<\/p>\n","protected":false},"author":13,"featured_media":34708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7195,6923,7696],"class_list":["post-55612","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-bonds","tag-ecb","tag-german-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=55612"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55612\/revisions"}],"predecessor-version":[{"id":55633,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55612\/revisions\/55633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34708"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=55612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=55612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=55612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}