FRANKFURT May 15 The European Central Bank's
bond-for-cash scheme, through which government debt bought as
part of the ECB's stimulus programme is lent out against cash to
alleviate a bond scarcity, has yet to reach even half its
maximum size, ECB data showed on Monday
The ECB and the euro zone's national central banks received
cash collateral worth 18.1 billion euros in April against bonds
lent out under the scheme, the ECB data showed.
While it has trebled since December, when the scheme was
launched, it is broadly unchanged compared to March and remains
far below its 50 billion euro cap.
(Reporting By Francesco Canepa)