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ECB/Bundesbank will continue to buy Pfandbrief in primary markets in January 2019 after the official end of CBPP3

Due to largely illiquid secondary markets ECB has resorted to primary markets lately in order to reach its CBPP3 targets. Will ECB continue to intervene in primary markets in 2019 to reinvest Pfandbrief maturities?

ECB/Bundesbank will continue to buy Pfandbrief in primary market in January 2019 after the end of CBPP3

128 Participants

  • 86% yes

  • 14% no