ECB intends to be major buyer in commercial player market - Villeroy
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PARIS (Reuters) - The European Central Bank intends to be major buyer of commercial paper when it enters that market this week, ECB policymaker Francois Villeroy de Galhau said in an interview with French website Wansquare.The ECB's latest package of crisis measures opens the way for it to buy debt of less than six months for the first time down to debt as short as one month."We are determined to be an operational, fair and significant actor on the commercial paper market starting this week in..