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Brexit next step

June 14th, 2016, 10:15 pm

The ECB is going to provide support to financial markets in the case of the UK decision to withdraw from the European Union. The decision will be advertised on 24 June if England votes to leave.I think they can sell new bonds or they will buy bonds. We can see the difference though both ways look reasonable. It seems to buy bonds will be helpful for local banks and market players while to print bonds looks be primarily beneficial for ECB. Whether does such interpretation makes sense?