EXCLUSIVE ECB to channel cash from north to south in bid to cap spreads - sources - Reuters
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6/30/2022 12:00:00 AM3 years 8 months ago
The European Central Bank will buy bonds from Italy, Spain, Portugal and Greece with some of the proceeds it receives from maturing German, French and Dutch debt in a bid to cap spreads between their borrowing costs, sources told Reuters.
SINTRA, Portugal, June 30 (Reuters) - The European Central Bank will buy bonds from Italy, Spain, Portugal and Greece with some of the proceeds it receives from maturing German, French and Dutch debt… [+2934 chars]
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