Germany’s Bundesbank: No comment on talk of QE buying below deposit rate

Dhwani Mehta FXStreet

An official from the German Bundesbank (Buba) came out on the wires and denied commenting to the latest reports, as cited by traders that the government is buying bonds below the ECB’s deposit rate for the first time.

ECB have also declined to comment, Reuters reports.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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