‘No fixed rule’ behind smaller ECB orders, amid record April supply
Posted on 25 April 2018
The ECB is maintaining a flexible approach to CBPP3, with the size of its orders partly determined by activity in other private sector markets, according to the ECB’s Ad Visser, after the size of its new issue orders were cut again. CBPP3 settlements were dominated by primary market purchases last week, on the back of record April supply...
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