LTRO reaction confirms corporate credit rally
Bullishness was the financial market’s first reaction to this morning’s news that the European Central Bank had lent €529.5bn to banks in its second three year refinancing operation – towards the upper end of the consensus estimate range.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts