Mar 23, 2016
ECB: Less focus on rates, more on volumes – Rabobank
Research Team at Rabobank, notes that the ECB announced a comprehensive easing packageon 10 March, including a 10bp deposit rate cut, new 4-y TLTROs and an expansion of QE by EUR20bn to EUR80bn a month, with IG non-bank corporate sector bonds (CSPP) to be included in the list of eligible assets.
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