Macro Pulse EU: Synthetic Securitisation Has Modest Lending Impact
Synthetic securitisation can provide meaningful capital relief for European banks, but recent European Central Bank (ECB) research suggests that the resulting capacity does not necessarily translate into proportionately stronger corporate lending, complicating the case for capital-focused reforms.
In the latest Credit Compass, Gordon Kerr examines new ECB research on whether synthetic securitisation is translating capital relief into additional lending, alongside his discussion of rising European yields and growing artificial intelligence (AI)-related bond issuance. Listen to Gordon Kerr’s insights on: Apple | Spotify | YouTube or visit
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