Hüttl, Pia, Pichler, David, (2017), “An update: sovereign bond holdings in the euro area – the impact of quantitative easing”, Bruegel, 10 October
Since the European Central Bank’s announcement in January 2015 of its quantitative easing programme, 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, updating calculations that we published initially in May 2016.
Relevant Posts
- Demertzis, Maria, B.Wolff, Guntram, (2016), «What impact does the ECB’s quantitative easing policy have on bank profitability?», Bruegel, 30 November
- Hüttl, Pia, Merler, Silvia, (2016), «An update: Sovereign bond holdings in the euro area – the impact of QE», Bruegel, 22 Νovember