Home ECB: Bought net €24.16 billion of assets last week vs. €21.27 billion previously
FXStreet News

ECB: Bought net €24.16 billion of assets last week vs. €21.27 billion previously

The European Central Bank announced on Monday that it bought a net 24.168  billion euros of assets last week as part of its quantitative easing programme, compared to 21.272  billion euros a week earlier, as reported by Reuters.

Additional details

“ECB bought a net 16.291 billion euros of Pandemic Emergency Purchase Programme (PEPP) bonds in the week to May 7 vs 19.008 billion euros a week earlier.”

“ECB bought a net 4.307 billion euros of assets in public sector purchase programme (QE) in the week to May 7 vs 1.918 billion euros a week earlier.”

“ECB bought a net 2.147 billion euros of corporate bonds in week to May 7 vs sales of 168 million euros a week earlier.”

“ECB bought a net 1.300 billion  euros of assets in covered bond purchase programme 3 in the week to May 7 vs 518 million euros a week earlier.”

“ECB bought a net 123 million euros of assets in asset-backed securities purchase programme in the week to May 7 vs sales of 4 million euros a week earlier.”

Market reaction

The shared currency showed no immediate reaction to these figures and the EUR/USD pair was last seen posting small daily losses at 1.2157.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.