BusinessDay
Nigeria's leading finance and market intelligence news report.

Eurozone bond prices jump after ECB move

Investors cheered by pledge to expand debt-buying programme by €600bn

Eurozone bonds rallied on Thursday after the European Central Bank announced a bigger-than-expected boost to its stimulus package to tackle the economic fallout from the coronavirus crisis. The yield on 10-year Italian and Greek debt dropped sharply after the ECB said it would expand its bond-buying programme by €600bn and extend it until 2021. The…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?
Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed.