21 Jan UPDATE 1-ECB swings into corporate bond-buying binge
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FRANKFURT, Jan 22 (Reuters) – The European Central Bank
sharply raised its private sector bond purchases last week,
indicating it may skew the remaining months of its 2.55 trillion
euro ($3.12 trillion) quantitative easing scheme towards
corporate and covered bonds.
Half of the ECB’s 7.65 billion euros of worth of net bond
purchases came from the private sector last week, three times
the long run average, Reuters calculations show.
Such a number offers a clue to what
FRANKFURT, Jan 22 (Reuters) – The European Central Bank
sharply raised its private sector bond purchases last week,
indicating it may skew the remaining months of its 2.55 trillion
euro ($3.12 trillion) quantitative easing scheme towards
corporate and covered bonds.
Half of the ECB’s 7.65 billion euros of worth of net bond
purchases came from the private sector last week, three times
the long run average, Reuters calculations show.
Such a number offers a clue to what
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