The ECB keeps rates and start now to buy corporate bonds – Investing.com Spain

Investing.com – The Governing Council of the European Central Bank (ECB) has decided in its meeting today in Vienna, Austria, maintained without current changes located at 0.00 .%, in a widely expected decision by the market

Similarly, the with the central bank gravel deposits of financial institutions in their coffers will stay at -0.40%; while the marginal interest rate remains at 0.25%.

In addition, the institution has advanced to the June 8 the Eurosystem will begin making the first purchases of corporate bonds of some companies and that on June 22 the first of the macrosubastas capital for banks (TLTRO II) included in this second round will take place.

He has reacted coolly to the publication of the news, and maintained by below the 1.12 area which has fallen after learning of the largest annual decline in producer prices in the euro zone since December 2009.

Draghi will give more details

within an hour and a half, the bank president, Mario Draghi, will appear before the media in the traditional press conference after the meeting of the Governing Council.

More beyond the dialectical disputes between the media and German politicians with the leaders of Europe’s top monetary authority, all the attention of investors will now focus on more details of the new round of liquidity auctions, as well as to know which companies will benefit purchase program corporate doubt. Also, it is also expected to Draghi has to face questions about whether the Greek debt is likely or be included as an objective in the plan purchase of assets.

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