Results Of The June 2016 Survey On Credit Terms And Conditions In Euro-Denominated Securities Financing And Over-The-Counter Derivatives Markets (SESFOD)

Credit terms offered in both the provision of finance that is collateralised by euro-denominated securities and over-the-counter (OTC) derivatives markets became somewhat less favourable for all counterparty types over the three-month reference period ending in May 2016. Credit terms are expected to tighten further over the coming three-month reference period between June and August 2016.