ECB Removes Limits on New €750 Billion Bond Buying Plan

Posted on 03/26/2020


In a major decision, the European Central Bank (EB) discarded most of the bond buying limits in its €750 billion (US$ 819 billion) pandemic emergency program. The ECB released a legal document that said the issue limits, which constrained sovereign bond-buying to a third of each of its member state’s debt, “should not apply” to […]