ECB Gives Corporate Bondholders First Hint on Purchase Sizes
The European Central Bank held 348 million euros ($392
million) of company debt on June 10, two days after the start of its corporate-bond buying program, according to an update released on Monday. That surpassed Commerzbank AG’s maximum estimate of 210 million euros and ABN Amro Bank NV’s forecast for as much as 250 million euros.
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