The Milan bourse rose 0.7% and
the spread fell to 145 points after the European Central Bank
cut its deposit rate and started a new 20-billion-euro-a-month
QE programme Thursday.
The 10-year BTP yield fell to a new low of 0.77%.
The ECB also launched a new three-year TLTRO maxi-loan and
said rates would be kept lower or steady until it reached its
inflation target.
The central bank said QE would continue "as long as
necessary".
ALL RIGHTS RESERVED © Copyright ANSA
