MEPs’ transparency demands could worsen CSPP distortion
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Corporate Bonds

MEPs’ transparency demands could worsen CSPP distortion

ECB 230x150 euro sculpture

A group of European parliamentarians is pressing Mario Draghi, president of the European Central Bank (ECB), to make full disclosure of the corporate bonds the Eurosystem central banks have been buying under quantitative easing. But bond specialists believe transparency would backfire, sparking new market distortions, write Victor Jimenez and Michael Turner.

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