www.ecb.europa.eu
18 October 2024
- Overall credit terms and conditions eased somewhat between June 2024 and August 2024 on account of improved general market liquidity
- Increase in demand for funding secured against many collateral types
- Increase in initial margin requirements for most types of derivative
Overall credit terms and conditions eased somewhat between June 2024 and August 2024. While overall terms and price terms eased, non-price terms remained unchanged in line with expectations. In net terms and at the level of individual counterparty type, price terms eased slightly more for banks and dealers, insurance companies and non-financial corporations than for the other counterparty types. Non-price terms eased for banks and dealers, insurance companies and non-financial corporations, while remaining unchanged for all other counterparty types. Respondents predominantly attributed the easing of terms to an improvement in general market liquidity. On balance, the use of financial leverage declined…