ECB Starts Buying Spree With 1.7 Billion Euros of Covered Bonds

The European Central Bank said it settled 1.704 billion euros ($2.2 billion) of covered-bond purchases last week as it started its latest effort to revive the euro-area economy. The Frankfurt-based institution began purchases on Oct. 20, returning to the market for a third time in six years as pa…

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ECB Starts Buying Spree With 1.7 Billion Euros of Covered Bonds

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