Dismay as Draghi aims bazooka at corporates

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Corporate Bonds

Dismay as Draghi aims bazooka at corporates

Ross Lancaster
March 10, 2016 04:00 PM
ECB 230x150 euro sculpture
Euro-Sculpture in front of ECB in Frankfurt am Main, Hesse, Germany Photo by: Daniel Kalker/picture-alliance/dpa/AP Images | Daniel Kalker/Daniel Kalker/picture-alliance/dpa/AP Images

Many in the European investment grade corporate bond market will offer a new buyer — the European Central Bank — a begrudging welcome after ECB president, Mario Draghi’s extended the bank’s quantitative easing programme on Thursday to include their product.

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Corporate BondsHigh grade and crossover bonds
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Ross Lancaster
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