You are here

ECB bond plans liven up corporate debt market

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

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.


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

Market voices on:

Powered by GET.comGetCom