ECB’s Lane Sees Global Euro Liquidity Backstop Boosting Sovereign Bond Markets

ECB Chief Economist Philip Lane outlined how the expansion of the Eurosystem repo facility for central banks (EUREP) could strengthen international euro liquidity provision and support demand for euro-denominated bonds. Speaking in Shanghai, Lane said “more than thirty central banks have expressed interest in EUREP in the past six months,” with the first foreign central […] The post ECB’s Lane Sees Global Euro Liquidity Backstop Boosting Sovereign Bond Markets appeared first on ActionForex.