Banks question the need for EDDI in ECB consultation

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Banks question the need for EDDI in ECB consultation

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Frankfurt, Germany-May 17 : Euro Sign. European Central Bank (ECB) is the central bank for the euro and administers the monetary policy of the Eurozone. May 17, 2015 in Frankfurt, Germany. | ilolab - stock.adobe.com

Investment banks have voiced their criticisms of the European Distribution of Debt Instruments (EDDI) project, saying that the private sector already has solutions to the primary bond market’s problems, according to responses to the European Central Bank’s (ECB) market consultation seen by GlobalCapital.

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