Olli Rehn calls for the creation of a “safe and liquid” European asset to deepen and structure the bond market

The Corner Olli Rehn, Governor of the Bank of Finland, has advocated a fresh push to develop European “safe and liquid assets” to support the euro internationally and lower borrowing costs. In his lecture “Back to school: Passing Europe’s triple test” delivered during the OMFIF Nordic SSA forum on 19 August in Helsinki (Finland), Rehn stated that “Europe’s funding needs are large or even huge, and…