Observatoire des droits humains (anglais seulement)

ECB Will Start Buying ABS, Covered Bonds in October

(Version anglaise seulement)

The European Central Bank will start buying securitized loans and covered bonds next month to help unblock lending in the euro zone, ECB President Mario Draghi said on Thursday. “The Governing Council decided to start purchasing non-financial private sector assets,” Draghi told his monthly news conference after the ECB unexpectedly cut interest rates to new record lows. He said the bank would buy broad portfolios of simple and transparent asset-backed securities and of euro-denominated...

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