We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Credit where it is due

11 March 2016 By Neil Unmack, Swaha Pattanaik

The ECB chief will soon buy corporate bonds. This should make borrowing cheaper for banks and small companies. But bond yields are already low and companies may use Mario Draghi’s largesse for M&A and share buybacks rather than useful investment. A small programme may be best.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)