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The ECB's next big decision

OMFIF Report

The ECB's next big decision

October 2017 

The German Bundesbank and the Nederlandsche Bank have become under-purchasers of bonds since April 2017, reflecting a shortage under the ECB’s rule preventing central banks from buying more than 33% of issuance of public sector bonds. This study explains the political and economic factors impinging on the ECB’s next big decision, when deliberating an extension of QE into 2018. 

Click here to download a copy of the report.