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A critique of the ECB's liquidity policies | 66 comments (66 topical, editorial, 0 hidden)
Re: A critique of the ECB's liquidity policies (4.00 / 2)
Bloomberg has composed an index for the ECB's Securities Market Programme. (Link to interactive chart)

While the ECB doesn't publish the volume of its sovereign debt purchases, it does imply that its weekly deposit auctions are matching, and the tender in each auction is, obviously, public. Therefore one can take the weekly tender amounts as a proxy for the volume of bond purchases.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Carrie (migeru at eurotrib dot com) on Thu Feb 24th, 2011 at 03:56:16 AM EST
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A critique of the ECB's liquidity policies | 66 comments (66 topical, 0 editorial, 0 hidden)
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