Effectiveness of the ECB Programme of Asset Purchase: Where Do We Stand?

15-06-2016

The European Central Bank Expanded Asset Purchase Programme adds the purchase programme for public sector securities to the existing private sector asset purchase programmes to address the risks of a too prolonged period of low inflation. It consists of a third covered bond purchase programme , asset-backed securities purchase programme (ABSPP) and public sector purchase programme.

The European Central Bank Expanded Asset Purchase Programme adds the purchase programme for public sector securities to the existing private sector asset purchase programmes to address the risks of a too prolonged period of low inflation. It consists of a third covered bond purchase programme , asset-backed securities purchase programme (ABSPP) and public sector purchase programme.