Jun 13

Mario-Draghi-Just-Evil

€348 Million: ECB Releases First Total Of Corporate Bond Purchases:

As part of today’s update of the ECB’s asset purchases, the central bank announced for the first time, in addition to its various other sovereign and covered-bond purchases, just how many corporate bonds it had bought in the open market under its infamous CSPP, or corporate bond buying program, which officially launched on June 3. The result: a mere €348 million in purchases on the first day in which the program was operational.

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One Response to “€348 Million: ECB Releases First Total Of Corporate Bond Purchases”

  1. squodgy Says:

    This behaviour is so devious and corrupt that I can no longer make sense of it other than conclude it is against the will and the benefit of the people.

    http://wolfstreet.com/2016/08/22/ecb-secretly-hands-cash-to-corporations-buys-bonds-private-placements/#comment-51128

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