March 26, 2020 / 10:20 AM / 2 days ago

ECB's Vasiliauskas says OMT bond-buying scheme still in arsenal

FILE PHOTO: Lithuanian Central Bank governor Vitas Vasiliauskas attends a news conference in Vilnius, Lithuania June 6, 2019. REUTERS/Ints Kalnins/File Photo

VILNIUS (Reuters) - The European Central Bank could still buy the debt of countries that apply for financial help via Outright Monetary Transactions (OMT) even after announcing a separate crisis-fighting tool last week, ECB policymaker Vitas Vasiliauskas said on Thursday.

“OMT is part of the arsenal and could be used,” Vasiliauskas, who heads the central bank of Lithuania, told a news conference.

Reporting By Andrius Sytas; Writing by Francesco Canepa in Frankfurt; Editing by Toby Chopra

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below