The suggestion of a euro area safe asset predates the launch of the currency, and a variety of proposals have been put forward since then for its creation which have been considered and discussed by policy makers, regulators, academics, and market participants. There is a current surge of interest in the design and feasibility of a euro safe asset and ICMA remains actively engaged in the ongoing discussions.

The search for a euro safe asset, article in the ICMA Quarterly Report Q2 2019


Euro safe assets – Regulatory resources

Academic and market papers




Andy Hill
Senior Director, Market Practice and Regulatory Policy; secretary to the Secondary Market Practices Committee and also responsible for overseeing repo policy.
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