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ECB Bond Plan Leaks On BBG
By Jamie Coleman || September 5, 2012 at 12:01 GMT
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Plan to include pledge to to buy unlimited amounts of bonds, sterilized (no QE)
Plan will refrain from making yield caps public
ECB said to consider selling bonds if conditions not met
Plan has broad support on council, Weidmann the only holdout
Plan to focus on government bonds with maturities up to three years
The plan was set to be revealed to the 17 national central banks yesterday. Looks like someone leaked it to the press.
ECB bond plan leaks on BBG | ForexLive