BofA says #ECB balance sheet could exceed €5tn this year in top scenario. Forecast based on TLTROs via @HolgerZschaepitz

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BofA says #ECB balance sheet could exceed €5tn this year in top scenario. Forecast based on TLTROs and APP projections. Banks' interest in TLTRO III would be especially crucial in determining the actual outcome. h/t Holger Zschaepitz

BofA says #ECB balance sheet could exceed €5tn this year in top scenario. Forecast based on TLTROs via @HolgerZschaepitz

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