ECB corporate bond purchases fall to lowest level in December
CSPP is expected to rebound in January, while ECB reduces QE to €30 billion a month
Purchases of corporate bonds by the European Central Bank (ECB) fell to their lowest level in December since their introduction in June 2016, the central bank revealed on January 3, 2018. But analysts expect corporate bonds to play a bigger role in 2018 as sovereign bond acquisitions are expected to decline.
The purchases of corporate bonds fell to €3.08 billion ($3.7 billion) in December. That compares with a monthly average of €7 billion, within a total quantitative easing programme of €60
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