Date: Wed, 22 Apr 2020 07:23:33 +0000 Subject: FW: [EXT] access to documents request - Disclosure of separate bond value under CSPP and PEPP From: "[adresse e-mail]" <[adresse e-mail]> To: Access to documents <[adresse e-mail]>, "Pipaud, Corinne" <[adresse e-mail]> ________________________________________ From: Paul Schreiber Sent: Wednesday, 22 April 2020 09:23:30 (UTC+01:00) Amsterdam, Berlin, Bern, Rome, Stockholm, Vienna To: [adresse e-mail] Subject: [EXT] access to documents request - Disclosure of separate bond value under CSPP and PEPP Dear European Central Bank, In January, the ECB launched the review of its monetary policy strategy. Due to the Covid crisis, the review was postponed and should be conducted by mid-2021. One of the main objectives of the review is to evaluate the effectiveness and potential side effects of the monetary policy conducted by the ECB. To reach this objective, a complete knowledge of the use of unconventional monetary operations is needed. Today, the ECB discloses the corporate bonds it holds under the CSPP and the PEPP and the total value of its purchase under these programs. However, the ECB doesn’t disclose the value of each separate bond held under the CSPP and PEPP. Despite the fact that the “greening” of the APP is one of the strategic orientations that have to be discussed during the strategic review, the non-disclosure of bond value makes it impossible to know what CSPP and PEPP finance and, therefore, to determine their environmental impacts. Amid the Covid crisis, the non-disclosure of bond value conceals the amount of financing that PEPP provides to critical sectors such as healthcare. Given these elements, under the right of access to documents in the EU treaties, as developed in Regulation 1049/2001, I am requesting documents which contain the separate bond value of CSPP and PEPP assets held by the ECB and the Eurosystem. Yours faithfully, Paul Schreiber Campaigner on the Supervision of Financial Actors Reclaim Finance ------------------------------------------------------------------- This is a request for access to information under Article 15 of the TFEU and, where applicable, Regulation 1049/2001 which has been sent via the AsktheEU.org website. Please kindly use this email address for all replies to this request: [adresse e-mail] If [BCE request email] is the wrong address for information requests to European Central Bank, please tell the AsktheEU.org team on email [adresse e-mail] This message and all replies from European Central Bank will be published on the AsktheEU.org website. For more information see our dedicated page for EU public officials at https://www.asktheeu.org/en/help/officers Please note that in some cases publication of requests and responses will be delayed. -------------------------------------------------------------------