European Central Bank Said to Buy Italian, Spanish Government Bonds Today
The European Central Bank bought Italian government bonds today as it seeks to ease tension in the region’s bond markets, according to four people familiar with the transactions.
The central bank also bought Spanish debt, said three of the people, who declined to be identified because the trades are confidential.
A spokesman for the ECB in Frankfurt declined to comment when contacted today by phone. The central bank publishes weekly data on settled government bond purchases, he said.
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