Trichet’s 10 year ‘limit’ not categorically imperative
An above average jump in the European Central Bank’s covered bond purchases on a day when the only public deal to have been settled is longer than 10 years has raised questions over the maturity restrictions applicable to the programme.
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