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ECB bond plans liven up corporate debt market

Volume of new corporate, bank issues on Wednesday hits highest level since May 2001

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Details of the ECB's plan have yet to be decided, although it is to begin mid-year and the central bank will only purchase euro-denominated debt with an investment-grade rating from credit ratings agencies.

Paris

THE European Central Bank's plan to buy corporate bonds to help the eurozone economy is boosting the private-sector debt market which promptly responded with a new record-sized company bond.

With interest rates near or below zero and few other monetary policy tools left in

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