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The European Central Bank announced on Monday that it bought a net  23.995 billion euros of assets last week as part of its quantitative easing programme,  compared to 28.672 billion euros a week earlier, per Reuters.

Additional details

“ECB  sold a net 546 million euros of assets in covered bond purchase programme 3 in the week to March 26 vs 95 million euros week earlier.”

“ECB bought a net 5.364 billion  euros of assets in public sector purchase programme (QE) in the week to March 26 vs 5.449 billion  euros week earlier.”

“ECB bought a net 18.950 billion  euros of Pandemic Emergency Purchase Programme (PEPP) bonds in week to March 26 vs 21.050 billion  euros week earlier.”

“ECB bought a net 334 million  euros of corporate bonds in week to March 26 vs 2.136 billion  euros week earlier.”

“ECB sold a net 107 million  euros of assets in asset-backed securities purchase programme in the week to march 26 vs sales of 58 million  euros week earlier.”

Market reaction

The EUR/USD pair edged modestly lower after this report and was last seen losing 0.12% on a daily basis at 1.1778.