So here's the words from the horses mouth and wonderfully we've got another acronym to deal with.

The ECB's document of the "implementation aspects of the public sector purchase program (or PSPP)" lists the agencies eligible can be found here.

It lists the agencies outside of the central banks

The main ones are;

  • Council of Europe Development Bank
  • European Atomic Energy Community
  • European Financial Stability Facility
  • European Stability Mechanism
  • European Investment Bank
  • European Union
  • Nordic Investment Bank

    • Quick update: On the ECB link above there's a Q&A link which gives some greater detail into the program