Made in Germany
Asset Backed Securities
Or ABS -- It's a familiar phrase but what exactly does it mean? The ECB has announced it will purchase huge amounts of covered bonds and asset-backed securities from European banks - the so-called Asset BACKED Securities - which some blame for the triggering the financial crisis in the first place.
- Date 09.09.2014
- Duration 01:48 mins.
- Homepage Made in Germany - Your Business Magazine
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