The ECB has so far bought securities from Spain, France, Italy, Portugal and Germany since Oct 20.
Entering the €2.6 trillion covered bond market is part of the Frabkfurt-based institution to boost companies’ and households’ access to financing.
The amount of purchased debt will be made public on Oct. 27.
For the moment the central bank has not made a concrete proposal on buying corporate bonds.
Be the first to comment on "ECB fuels up optimism with covered bond purchases’ largesse"