• European Central Bank’s purchases of covered bonds and asset backed securities declined slightly in the week to January 2

Market news

5 January 2015

European Central Bank’s purchases of covered bonds and asset backed securities declined slightly in the week to January 2

The European Central Bank's (ECB) purchases of covered bonds and asset backed securities (ABS) declined slightly in the week to January 2. The ECB spokesman said that it was due to assets maturing and accounting issues.

Since mid-October, the ECB has purchased 29.632 billion euros of covered bonds and 1.744 billion euros of asset backed securities.

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