ECB looking to distribute large PSPP reinvestments over longer from next year: ECB source - ConsultFX

ECB looking to distribute large PSPP reinvestments over longer from next year: ECB source

ECB sources announce potential change in PSPP buying program The ECB will stop new bond buying at the end of the year but it reaffirmed its pledge to reinvest cash from expiring bonds for a long time. That could prove to be a problem as not every issue that matures is immediately replaced by new supply