The ECB Ends The CSPP Today And Will Switch From Buying €8 Billion/Month To Reinvesting €1.8 Billion/Month.
The ECB confirms that it will remain present in the primary via re-investments. Also that the ESG strategy of the CSPP will arrive by the end of the year. In an explanatory note, the ECB confirms one of the doubts that continued to circulate among investors with the end of the CSPP’s net purchases (today): what its role would be after taking on a leading role in the primary market…