Draghi publicly confirms the ECB hired BlackRock Solutions through competitive tender to advise on developing an ABS purchase programme.
On BlackRock: one thing is to accept the ABS as collateral, another thing is to design a programme of outright purchases, and that’s where BlackRock Solutions would actually be helpful in doing it.
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Draghi publicly confirms the ECB hired BlackRock Solutions through competitive tender to advise on developing an ABS purchase programme.