MNI SOURCES: Politics May Delay ECB.............>

ECB: MNI SOURCES: Politics May Delay ECB Reinvestment Announcement:

- Politics could delay an announcement of details of the ECB's

plans for the reinvestment of its maturing bond holdings, although technical

preparations will be complete by October ahead of the introduction of a new

capital key in the New Year, euro system sources have told MNI.

- The issue of how to reinvest bonds which come due after the expected

conclusion of the ECB's asset purchase programme in December was barely

discussed at its monetary policy meeting on September 13, MNI understands, with

central bank staff still working on technical and operational details.

- These preparations are now thought to be near completion, with a proposal

expected to be put to next week's general council gathering.

- For more please see email/Main Wire (1248BST) or contact us.