ECB announces Outright Monetary Transactions framework
Outright Monetary Transactions (OMT) is a program of the European Central Bank under which the bank makes purchases in secondary, sovereign bond markets, under certain conditions, of bonds issued by Eurozone member-states.
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Outright Monetary Transactions (OMT) is a program of the European Central Bank under which the bank makes purchases in secondary, sovereign bond markets, under certain conditions, of bonds issued by Eurozone member-states. The program was presented by its supporters as a principal manifestation of Mario Draghi's commitment to do "whatever it takes" to preserve the euro.
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Factrail. (2026). ECB announces Outright Monetary Transactions framework. Factrail. https://factrail.ai/facts/ecb-launches-outright-monetary-transactions-2012-09
https://factrail.ai/facts/ecb-launches-outright-monetary-transactions-2012-09
Accessed 16 October 2026.
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