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An update: Sovereign bond holdings in the euro area – the impact of QE

Hüttl, Pia, Merler, Silvia, (2016), «An update: Sovereign bond holdings in the euro area – the impact of QE», Bruegel, 22 Νοεμβρίου

Since the ECB’s announcement of its QE programme in January 2015, national central banks have been buying government and national agency bonds. In this post we look at the effect of QE on sectoral holdings of government bonds, based on our recently updated dataset.

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