“The good news is that the euro market is quite flexible, compared to the dollar market, which focuses primarily on three-year, five-year, 10-year and 30-year maturities. In euros, you can issue six-year, eight-year, nine-year benchmarks and investors don’t even blink”
“When you look at our Covid-19 response package and the liquidity support we have helped provide to banks, we didn’t do this kind of thing in the financial crisis 10 years ago...
