3  4  According to data released by the ECB, only the issues of “non-monetary financial corporations” are growing at a faster rate at the present time, having increased at a rate of around 48% up to the end of June 2000.
See Javier Santillán, Marc Bayle and Christian Thygesen, Impact of the Euro on Money and Bond Markets, ECB Occasional Paper Series No 1, July 2000. BIS Review 86/2000  2  It was extremely important for the success of monetary policy in the Eurosystem that a single money market was established right after the introduction of the euro.