ECB purchase programme expanded to include corporate bonds
JulkaisusarjaBank of Finland. Bulletin
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201610261462
When the Governing Council of the ECB decided in March 2016 to increase monthly purchases under the expanded asset purchase programme (EAPP) from EUR 60 billion to EUR 80 billion, it also decided to add corporate sector bonds to the programme. Purchases under the corporate sector purchase programme (CSPP) began at the beginning of June and are intended to run – as is the whole APP – until the end of March 2017, or beyond, if necessary. The purchases are carried out by six national central banks, including the Bank of Finland, acting on behalf of the Eurosystem.