ECB Said to Weigh Looser QE Rules as Brexit Depletes Asset Pool - Bloomberg

ECB Said to Weigh Looser QE Rules as Brexit Depletes Asset Pool - Bloomberg



Present rules stipulate that euro-area central banks can buy bonds sold by governments, agencies and European institutions in the secondary market that yield more than the ECB’s deposit rate, currently at minus 0.4 percent, respecting issue and issuer limits of as much as 33 percent. Purchases of covered bonds, asset-backed securities and corporate debt follow slightly different standards.