On Monday 7 October, the European Commission launched the EU Repurchase Agreement (Repo) Facility, a new mechanism for issuing short-term securities available on demand to primary dealers in the EU. This initiative aims to strengthen the role of European bonds and improve the efficiency and fluidity of the EU securities market.
The launch of this repurchase facility comes at a time when the secondary market for European bonds is booming, marking a key milestone for the Commission as it...