Peter Praet: Interview with Bloomberg TV Interview with Peter Praet, Member of the Executive Board of the European Central Bank, and Bloomberg TV, conducted by Ms Jana Randow on 27 March 2019 and broadcast on 28 March 2019. * * *  The President is talking about mitigating the side effect of negative rates. Does that mean tiering is coming?
To that end, one of the guiding principles underpinning our work is that the Code should promote a robust, fair, liquid, open and transparent market. A diverse set of buyers and sellers, supported by resilient infrastructure, should be able to confidently and effectively transact at competitive prices that reflect available market information and in a manner that conforms to acceptable standards of behaviour.