Jury out on prospective CBPP3 purchasing rate
Last week the ECB doubled its weekly covered bond purchasing rate to over €4bn, in line with the surge in primary issuance. Most analysts think the ECB will moderate the rate of covered bond purchases from March, when it will be able expand its balance sheet more rapidly with sovereign purchases, but not everyone is in agreement.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: