The Bank of Israel’s corporate bond purchases are interacting with other stimulus measures to ease credit conditions during the pandemic, deputy governor Andrew Abir has said.
“We are in a once in a hundred years crisis,” said Abir in a speech on July 28. The central bank’s corporate bond purchase programme is “integrated with our other steps – reducing the interest rate, purchasing government bonds, the plan to increase the supply of credit to small businesses”, he said. “These need to be seen
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