More comments from Draghi in the ECB press conference:

  • Didn't want to signal there's no lower limit on rates
  • The ECB has struck a commit to study specific corporate bond buys

So corporates will issue bonds, hand them over to the ECB and then buy back their own shares.

More:

  • We are confident that we can buy 80B euros per month
  • Complexity of Eurozone argued against tiered rates
  • ECB expects 'substantially easier' financing conditions