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By contrast $124.7 billion flowed out of equity funds.Clothing the nakedThis demand for fixed-income investment has lowered borrowing costs for businesses.
It has benefited more than any other large European economy from the introduction of the single currency, which has lowered borrowing costs.
The European Central Bank has lowered borrowing costs in an attempt to stimulate economies that use the euro, but what impact might this have in Spain?
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The cut does not appear to have lowered borrowing costs for business and consumers in countries like Italy and Spain that need it most.
The availability of BABs has enabled state and local governments to issue fewer tax exempt bonds, which has lowered their borrowing costs in the tax exempt market.
There is even a chance that Madrid could have lower borrowing costs than Rome in coming weeks, if the Italian political paralysis shows no sign of resolution.
At the same time of this brewing oil meltdown, the Bank of Canada has lowered its lending rate below one percent, hoping to encourage more borrowing and spending.
Likewise, innovations like securitization lowered borrowing costs for most consumers".
It lowered borrowing costs for companies and homebuyers.
The announcement of Mr Draghi's plan has already lowered borrowing costs and kept markets open.
Nonetheless, there is a consensus among researchers that QE has indeed lowered borrowing costs, and thus increased both economic output and inflation, as its advocates intended*.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com