After years of
buying eurozone countries» sovereign debt, the ECB announced in March that it would begin buying select corporate bonds as well.
Not exact matches
For example, it could
buy eurozone bonds in relation to the outstanding debt of each
country — a method that would favor the most indebted
countries like Italy and Greece.
Outright Monetary Transactions are a bond -
buying program announced in September 2012 in which the European Central Bank would offer to purchase
eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by
countries subject to speculation that they might leave the euro.
He is advising European leaders to: reassess the current plan in Greece - which will reportedly see its debt at 120 per cent of its GDP by 2020 -; recapitalise banks in struggling
eurozone economies; and allow the European Central Bank to
buy bonds from distressed
countries.
Outright Monetary Transactions are a bond -
buying program announced in September 2012 in which the ECB would offer to purchase
eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by
countries subject to speculation that they might leave the euro.