ECB's Draghi: To buy government debt up to a percentage that will facilitate proper price formation - Q&A
- Will not buy more than 25% of each issue, not more than 33% of each issuer
- ECB will be pari passu with investors
- Sovereign bond purchases will not be subject to loss sharing
- Every monetary policy operation always has fiscal implications
- Implementing 20% risk sharing to mitigate concerns in many eurozone nations about potential future QE developments