Asked whether the ECB has accelerated bond buying, Trichet said to check the data on Monday as the ECB publishes what they do. Markets will be monitoring that figure closely.
Last week the ECB bought something like EUR 1.3 bln while the week before the total was EUR 700 mln…They bought multi-billions back in June after the Greek debacle…
Trichet said that the ECB envisaged moving to tenders at its refis before the crisis intensified (limiting liquidity to a specified amount) rather than maintaining unlimited market liquidity as is the case now.
