#ECB did not raise the issuer limit rule when restarting QE. In case of #Germany, there is headroom via @HolgerZschaepitz

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#ECB did not raise the issuer limit rule when restarting QE. In case of #Germany, there is headroom to buy a further €30-40bn in paper before 33% limit is reached, Jefferies calculated. Technically, programme could run for 10mths before issuer limit becomes a binding constraint. h/t Holger Zschaepitz

#ECB did not raise the issuer limit rule when restarting QE. In case of #Germany, there is headroom  via @HolgerZschaepitz

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