Cypriot bonds purchased by the European Central Bank (ECB) through redemptions of maturing bonds purchased during the Asset Purchase Programme (APP) amounted to €1.8 billion. The ECB in June purchased Cypriot bonds amounting to €96 million with the total stock of Cypriot bonds held by the ECB in end-June amounting to €1,178 million. The bonds’s remaining weighted average rose to 6.96 years in June from 6.3 years in end-April. By the end of 2018 when the ECB terminated new bond purchases as part …
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President Xi: China and France should jointly prevent a new cold...
By Chris Michael
“As the world goes through transformation and turbulence not seen in a century, China and France should uphold their independence and jointly...