Any ECB scheme to buy stocks could total 200 billion euros - ABN AMRO

Any ECB scheme to buy stocks could total 200 billion euros - ABN AMRO
 

Any stock-buying scheme by the European Central Bank could total around 200 billion euros (£172.58 billion), much larger than its programme to buy top-rated corporate bonds, Dutch bank ABN AMRO said on Wednesday
The ECB is widely expected to extend its 1.7 trillion euro (£1.47 trillion) asset purchase programme given still low inflation and tepid economic growth, both of which the programme is designed to combat. A scarcity of eligible bonds for purchase, however, means there has been growing focus on alternative options.
Analysts say these could include large-scale share buying via equity... read more

 
28 September 2016 in Business, Views: 38
Source: Reuters
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