Bloomberg News

European Central Bank Said to Purchase Italian, Spanish Bonds

By Keith Jenkins
October 28, 2011

Oct. 28 (Bloomberg) -- The European Central Bank bought Italian and Spanish government bonds, according to two people familiar with the transactions, who declined to be identified because the trades are confidential.

A spokesman for the ECB in Frankfurt declined to comment when contacted today by phone.

To contact the reporter on this story: Keith Jenkins in London at kjenkins3@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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