ECB Spokesman: German bond redemptions were high in April, had to be spread to May

Eren Sengezer FXStreet

A spokesman for the European Central Bank has recently crossed the wires, via Reuters, providing key quotes found below.

Several countries (e.G. France, Austria, Belgium) saw their share of app net purchases go down in May 2018, not just Italy.
This is the result of agreed and communicated rules on the timing of re-investments during the net purchases phase.
German bond redemptions were high in April, had to be spread to May.
In absolute terms, net buying for Italy in may was higher than March and January.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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