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3 Mar 2015
Euro area sovereign bond markets is a "deep" pool with "a lot of investors" - ECB Constancio
FXStreet (Mumbai) - The ECB will find enough bonds for its soon-to-be-launched QE framework as planned, the bank's vice-president Vitor Constancio said, playing down worries of numerous investors.
Constancio quoted, "We don't anticipate that there will be such a problem,"
He stressed that there was enough bonds for purchases, estimating the available pool at EUR4 trillion a "deep" market with "a lot of investors."
His comments came as many market participants pointed to a stark imbalance between demand and supply of government bonds in the euro area.
Constancio quoted, "We don't anticipate that there will be such a problem,"
He stressed that there was enough bonds for purchases, estimating the available pool at EUR4 trillion a "deep" market with "a lot of investors."
His comments came as many market participants pointed to a stark imbalance between demand and supply of government bonds in the euro area.