(Corrects name in headline)
FRANKFURT, July 5 European Central Bank
executive board member Sabine Lautenschlaeger said she does not
see the ECB embarking on a bond-buying spree in the near future,
according to a German newspaper report.
"I absolutely do not see the purchase of government bonds on
the horizon," she told Frankfurter Allgemeine Sonntagszeitung,
according to an excerpt of an article to be published on Sunday.
She said a large-scale purchase of bonds would only be an
option if the ECB faced extraordinary risks, adding: "I really
don't see that right now".
She also repeated that she was "rather critical" of the
ECB's Outright Monetary Transaction (OMT) programme, launched in
September 2012 and yet to be used.
(Reporting by Maria Sheahan; Editing by Stephen Brown)