The European Central Bank raised its key policy interest rates by half a percentage point, with the deposit rate rising to 2.5%. It also announced its intention of delivering another 50 basis point rate hike in March. We expect the deposit rate to peak at 3.5%. Green tilt: The ECB plans to tilt its corporate bond reinvestments more strongly towards issuers with better climate performance. This is symbolically important but its corporate bond holding is relatively small.
Continue reading this article?
Register for free and get access to Investment Officer International:
- Exclusive for professional investors
- Cancel anytime
- Unlimited access: web, app and newsletters
Registration takes less than 1 minute.
No payment details required
Register for free and get access to Investment Officer Luxembourg:
- Exclusive for professional investors
- Cancel anytime
- Unlimited access: web, app and newsletters
Registration takes less than 1 minute.
No payment details required
