On 6 September 2012 the Governing Council of the European Central Bank (ECB) decided on additional measures to preserve collateral availability:
Change in eligibility for central government assets: The application of the minimum credit rating threshold in the collateral eligibility requirements in the case of marketable debt instruments issued or guaranteed by the central government, and credit claims granted to or guaranteed by the central government.
Expansion of the list of assets eligible to be used as collateral: Marketable debt instruments denominated in currencies other than the euro, namely the US dollar, the pound sterling and the Japanese yen, and issued and held in the euro area, are eligible to be used as collateral in Eurosystem credit operations.
http://www.ecb.int/press/pr/date/2012/html/pr120906_2.en.html
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