From ECB website:
As a next step, on 8 June we will start making purchases under our corporate sector purchase programme (CSPP). Moreover, starting on 22 June, we will conduct
the first operation in our new series of targeted longer-term refinancing operations. Further information on implementation aspects of the CSPP will be released after the press conference on the ECB’s website.
Is the ECB buying Corporate Bonds now? Can anyone shed some light on this?
That can only mean up for stocks in the longer term, investment money needs to be parked somewhere.
As a next step, on 8 June we will start making purchases under our corporate sector purchase programme (CSPP). Moreover, starting on 22 June, we will conduct
the first operation in our new series of targeted longer-term refinancing operations. Further information on implementation aspects of the CSPP will be released after the press conference on the ECB’s website.
Is the ECB buying Corporate Bonds now? Can anyone shed some light on this?
That can only mean up for stocks in the longer term, investment money needs to be parked somewhere.