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EU credit ratings rules for private-sector assets updated by ECB

( February 21, 2025, 16:16 GMT | Official Statement) -- MLex Summary: The European Central Bank has updated the rules on the use of credit ratings for private-sector assets in the Eurosystem collateral framework. With this move, for private-sector assets the second-best rating will apply. The rules haven't changed for eurozone public-sector assets. The new rules will enter into force no earlier than 18 months from today to allow technical implementation, the ECB said.Press release follows. ...

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