Timeline for ECB bond buying from national banks, what are the national banks expected to do?
Current License: CC BY-SA 4.0
6 events
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| Nov 30, 2020 at 11:07 | comment | added | MrMartin | @CQM thanks for your insight. So to give the answer some depth, do you now know 1)Which bonds the ECB selects, and 2)What happens to the money paid in interest back to the ECB? | |
| Nov 29, 2020 at 4:53 | comment | added | CQM | fortunately I am still around and have been watching the credit markets for the last 6 years! Central banks like the ECB buy the bonds, and it relies on member states (and corporations) to issue the bonds - "issue" being to literally write on a piece of paper that they will pay x% over a period of years and getting billions of dollars in return. When the ECB purchases anything, it receives the asset and the recipient receives Euros which did not exist prior to that transaction. So it is more about what the recipient does with the money. The ECB has few controls over what it actually purchases | |
| Nov 27, 2020 at 13:18 | comment | added | Criticizing Israel not allowed | Will stimulating the bond market increase production when production is currently reduced, not by financial reasons, but by a pandemic? Maybe the prospect of more QE will stimulate people to stop the pandemic to prevent the QE? | |
| Nov 27, 2020 at 11:36 | review | Late answers | |||
| Nov 27, 2020 at 11:41 | |||||
| Nov 27, 2020 at 11:18 | review | First posts | |||
| Nov 27, 2020 at 20:22 | |||||
| Nov 27, 2020 at 11:17 | history | answered | MrMartin | CC BY-SA 4.0 |