EUREP’s growth and the euro – expanding internationally
ECB to Broaden EUREP Euro Repo Facility Worldwide
The European Central Bank has revealed plans to significantly widen the reach of its EUREP euro repo facility for central banks, beginning in the third quarter of 2026. Initially launched during the pandemic to supply euro liquidity to eight European central banks outside the eurozone—such as those in Hungary and Romania—the program is now set to become accessible globally. Central banks around the world, provided they are not restricted due to anti-money laundering regulations or international sanctions, will be eligible to apply for access. In return, participants must provide high-quality euro-denominated collateral, typically issued by central governments or similar entities.
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