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The move will free up about 20 billion euros in ABS available for use as collateral.
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I didn't have anything to use as collateral.
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New lines boost land prices, which the operator can either develop and sell, or use as collateral for loans.
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The authorities effectively blocked local banks from lending, swapping, or renting out securities to foreigners for use as collateral.
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The art expert also said options to monetize the collection, including its use as collateral for a loan, were impractical.
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Since the December operation, the ECB also has relaxed requirements for what institutions can use as collateral for the loans.
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The failed U.S. investment bank securitized the debt in the portfolio in 2008 to use as collateral for raising liquidity from the ECB.
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The change will free up about 20 billion euros ($26 billion) in ABS for use as collateral.
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Stocks of goods are not easy to use as collateral for loans because security can be complicated, with responsibility often split between lenders and suppliers.
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The Fed said it was also expanding the types of assets that investment banks can use as collateral to receive loans from the central bank.
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It will issue companies quarterly certificates entitling them to U.S. dollar payments based on construction progress, which companies can use as collateral to raise funds.
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They would receive cash loans worth between 85 percent to 90 percent of the value of their securities, which they would use as collateral.
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She also said Beazer only had access to about $444 million of its cash because the banks have restricted $140 million for use as collateral.
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Even the brand 'Kingfisher' has been used as collateral, according to media reports.
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The exact amount of junk-rated energy debt used as collateral was not available.
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The receipts had been used as collateral to borrow money to lend them.