SURPRISE: ECB Boosts Asset Purchase Program

Posted on 03/11/2016

The European Central Bank (ECB) is expanding its monthly asset purchase program to €80 billion from €60 billion starting April 2016. Furthermore, the ECB will be including investment grade Euro-denominated bonds issued by non-bank corporations established in the eurozone, in the universe of assets eligible for regular asset purchases. “To ensure the continued smooth implementation […]