Free Trial

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

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.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.