European Central Bank purchases €10.57 billion of government and agency bonds last week

Market news

2 November 2015

European Central Bank purchases €10.57 billion of government and agency bonds last week

The European Central Bank (ECB) purchased €10.57 billion of government and agency bonds under its quantitative-easing program last week.

The European Central Bank's (ECB) President Mario Draghi said at a press conference in October that the value of the ECB's asset-buying programme will be discussed at the monetary policy meeting in December.

ECB'S asset buying programme is intended to run to September 2016.

The ECB bought €3.01 billion of covered bonds, while holdings of asset-backed securities fell by €88 million.

European Central Bank President Mario Draghi; the central bank is ready to expand its stimulus measures if there will be a risk to its medium-term inflation target

Construction spending in the U.S. is up 0.6% in September

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