The European Central Bank (ECB) is starting to publish more details about its corporate bond holdings following pressure from European and national policymakers to make purchases more transparent. Data on corporate bond holdings by country, rating and sector will be released today.
The data will be updated twice a year. ECB has so far purchased corporate bonds worth 114.7 billion euros as part of the 2.3€ trillion quantitative easing program. Although the bank regularly discloses the bonds buys, it didn't reveal the value of all he owns.
The ECB will make clear its commitment to the bond purchase plan commensurate with the debt owed to euro zone companies, which are classified as investment companies rather than banks. Most expectations currently are heading to that the bank will cut its monthly purchases of bonds, which currently amount to 60 billion euros a month, starting in January amid strong inflation and the growth of the eurozone economy.
