ECB fuels up optimism with covered bond purchases’ largesse

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.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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