Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy.

The article offers information on the European Central Bank's (ECB) corporate bond buying program which allows investment firms to firms to sell their debt directly to the ECB through private placements. Topics discussed include significance of the program in helping banks and firms to adapt to the extremes of monetary policies, purchases of government bonds leading to decrease in cost of borrowing in the economy, and concerns related to loss of returns and overpriced debt.