Jakl, Jakub - In: European financial and accounting journal : EFAJ 14 (2019) 2, pp. 43-70
This paper discusses the effects of the ECB's asset purchase programmes (APPs) on the SER spread, while the main focus … financial data and the consequent analysis was made on intraday and high-frequency (HF) 2015-2017 data. The ECB's APP, mainly … first three years of the PSPP implementation. Whether it was the "sovereign bond-based leg" directly affected by the ECB …