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ECB bond buying programme could hinge on German debt supply

Traders say ECB may run out of road unless it changes some of its bond buying terms

ECB bond buying programme could hinge on German debt supply

The European Central Bank may have to tweak the rules of its massive bond buying programme because German debt is in short supply.

The ECB plans to buy €60 billion ($65 billion) of assets each month until at least September 2016 to kick-start the region's economy. German government bonds form a cornerstone of the programme, accounting for about €11 billion in monthly purchases. The ECB has said it would buy bonds from two to 30 years in length as long as the yield is above its deposit rate of -0.2%, and that it doesn't expect any problems finding them.

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