ECB purchases 348bn Euros of corporate bonds in the first three days

Tuesday, June 14th 2016 - 12:04 UTC

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The European Central Bank bought 348 million Euros of corporate bonds in the first three days of such purchases last week, it said on Monday, as part of its 1.74 trillion Euro scheme to revive growth and inflation. The figures are at the upper end of analyst predictions, indicating a strong start for the program and suggesting that the ECB was keen to show it can buy significant volumes. Read full article

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golfcronie
348 billion euros is not 348 million euros, now Mercopresss, which is the correct figure, do you not have proof readers to check veracity.
Jun 14th, 2016 - 06:12 pm - Link - Report abuse 0
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