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

by Reuters
Thursday, 26 March 2020 10:06 GMT

VILNIUS, March 26 (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)

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