More comments from Draghi in the ECB press conference:
- Didn't want to signal there's no lower limit on rates
- The ECB has struck a commit to study specific corporate bond buys
So corporates will issue bonds, hand them over to the ECB and then buy back their own shares.
More:
- We are confident that we can buy 80B euros per month
- Complexity of Eurozone argued against tiered rates
- ECB expects 'substantially easier' financing conditions