Relevant:
- ECB hurls cash at sluggish euro zone economy, seeks to force bank lending
- ECB Accelerates Covered-Bond Purchases in Second Week
- ECB Cuts Interest Rates to Record Low
- Mario Draghi: ECB prepared to cut interest rates and expand QE (AKA "DO WHATEVER IT TAKES 2.0"...)
- Exclusive: ECB rate setters converge on December deposit rate cut
2014-09-04 — reuters.com
...
ECB President Mario Draghi told reporters the bank would buy broad portfolios of simple and transparent asset-backed securities and of euro-denominated covered bonds from October.
The ECB also cut its main refinancing rate to 0.05 percent from 0.15 percent previously and drove the overnight deposit rate deeper into negative territory, now charging banks 0.20 percent to park funds with it.
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