ECB Keeps Hold of Worldline Bonds Amid Alleged Fraud Reports

The European Central Bank held on to two bonds of embattled payments company Worldline SA while prices slumped following news reports alleging that the company covered up fraud by some of its customers.

A €500 million ($591 million) note due 2027 and a €600 million issue maturing in 2028 remained on the central bank’s list of holdings as of the end of last week, according to data released on Tuesday. The ECB does not disclose the size of its holdings in individual corporate bonds. A specific security will only fall off its list of holdings if it has unwound an entire position.