ECB adopts package of temporary collateral easing measures

The Governing Council of the European Central Bank (ECB) today adopted a package of temporary collateral easing measures to facilitate the availability of eligible collateral, which should ease bank lending to corporates and households, by increasing the Eurosystem's risk tolerance in credit operations through a general reduction of the collateral valuation haircuts.

https://www.ecb.europa.eu/press/pr/date/2020/html/ecb.pr200407~2472a8ccda.en.html