ECBs Elderson laying the case for “green”

  • Preference for EU Supranational Bonds:

    • Elderson emphasizes that when there’s no clear monetary policy reason to prefer domestic sovereign bonds, the ECB should think about increasing the share of EU supranational bonds.
  • Reconsidering Targeted Longer-Term Refinancing Operations (TLTROs) for Banks:

    • Elderson suggests that if there’s a future monetary policy need to reconsider TLTROs for banks, there are strong reasons to seriously think about integrating environmental sustainability aspects into these operations (“greening” them).

This article was written by Greg Michalowski at Source