Emanuele Franceschi
ceschi.bsky.social
Emanuele Franceschi
@ceschi.bsky.social
GP participant @ecb.europa.eu 🇪🇺 | PhD from Paris School of Economics | Opinions mine only | emanuelefranceschi.com
In a focus piece, we zoom on in financial leverage among euro area investment funds. It highlights how repurchase agreements and margin lending contribute to leverage, the systemic implications of highly leveraged funds.

Here is the link for the piece:
www.ecb.europa.eu/press/financ...
Investment funds’ financial leverage – material and systemic?
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...
www.ecb.europa.eu
January 15, 2025 at 2:57 PM