Bond markets rally as ECB moves on Italian and Spanish debt

ecb-frankfurt

The European Central Bank (ECB) has broadened its bond purchase programme to include Italian and Spanish paper, in a bid to ease market tensions and stave off the threat of contagion.

The ECB refused to confirm or deny whether it had purchased Italian and Spanish debt through the bond buying programme. However, analysts who spoke to CentralBanking.com said it was clear the ECB was taking "large positions" in Italian and Spanish paper.

In a statement released on August 7, the ECB's Governing Coun

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: