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SSRNMacro-Finance & Rates

ECB's PEPP Program and Corporate Bond Market Crisis

The study evaluates the effectiveness of the ECB's QE program in mitigating the financial crisis in the European corporate bond market post-COVID-19, finding it reduced credit spreads but didn't improve liquidity.

Featured in No. 34 on 23 Jan 2024 · 2 days after release

Released
21 Jan 2024
First featured
No. 34 · 23 Jan 2024
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
2
Identifier
SSRN 4701825

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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