ABSPP flirts with damp squib territory

Tom Porter

February 05, 2015 09:00 AM

Draghi in darkness — Mario Draghi, president of the European Central Bank (ECB) attends the ECB press conference in Frankfurt/Main, Germany, 04 September 2014. The ECB reduced the base rate to a historic low of 0,05 percent. Photo: Frank Rumpenhorst/dpa | Frank Rumpenhorst/DPA/Press Association Images

If January activity was anything to go by, the European Central Bank hasn’t exactly lit a fire under European ABS issuance with its private sector purchase programme.

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Tom Porter