FRANKFURT: The European Central Bank (ECB) is reviewing a new bond-buying programme to prevent any market turmoil when emergency purchases get phased out next year, according to officials familiar with the matter.
The plan will both replace the existing crisis tool and complement an older, open-ended quantitative-easing scheme that’s currently acquiring €20bil (US$23.1bil or RM96.64bil) in debt every month, said the officials, who asked not to be identified because the discussions were confidential.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!