The ECB’s dilemma the fastest in November or no debt can be bought lata-01

The ECB’s dilemma: the fastest in November or no debt to buy Sina fund exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! The Financial Times said that in the purchase of a number of conditions, the ECB can buy only $2 trillion of the scale of the bond, the total purchase price of $QE project is only a little higher than the. For large economies such as Germany, due to the purchase of relatively more, the ECB may in November without the country can buy bonds. The euro zone has about $7 trillion and 500 billion in government and agency debt. But the ECB bond purchases are limited. The European Central Bank to purchase debt expiration time is 2~30 years, rate of return should be higher than the euro area benchmark deposit rate of 0.4%, can not buy more than 33% single state bonds in circulation. Under these restrictions, the supply of bonds $2 trillion, the central bank as a QE project total purchase $1 trillion and 600 billion only slightly higher. There are other restrictions on the purchase of debt. For example, the European Central Bank needs to scale according to the size of member economies, to purchase debt. As a result, bonds in large economies such as Germany will be purchased earlier than other countries because their bonds are bought more. Citigroup analysts expect the ECB may in November without German bonds can be purchased; BofA analysts believe that only hold until the end of the year. Overall, many analysts believe that by the end of 2016, the European central bank or had to buy every bond on the market to buy. If the ECB does not ease the debt purchase requirements, then perhaps not as planned to buy bonds 80 billion euros a month, less likely to prolong QE time. Currently, the QE project continues until at least March 2017. Due to the slow economic recovery in the euro area, many economists believe that the ECB or the extension of the QE project time. On Thursday, the ECB held interest rate decision, announced to maintain the three interest rates unchanged, maintaining the size of the monthly asset purchases unchanged 80 billion euros, and the maintenance of QE project period unchanged. However, the European Central Bank pointed out that, if necessary, the QE project will be extended until March 2017, until the inflation path close to the target. The European Central Bank President Delagi said that the expected interest rates will remain at current levels or lower for quite a long time, and will be more than QE of the implementation period. QE will continue until the inflation path is consistent with the target. However, Delagi said the euro zone does not need more stimulus. Enter the Sina financial stocks] discussion相关的主题文章: