German central bank out with a statement 16 Jan
Traders have been reporting of the BUBA buying bonds less than the ECB's deposit rate of -0.4% for first time earlier today.
Yield on Germany's 5-year bond fell to 11-day low of -0.51%
In December the ECB did away with its rule preventing EZ central banks from buying bonds below its depo rate for QE but the ruling only came into effect last Friday.
ECB have declined to comment.
EURUSD holding 1.0575-80 support so far with EURGBP back to 0.8790
