• European Central Bank purchases €13.75 billion of government and agency bonds last week

Market news

30 November 2015

European Central Bank purchases €13.75 billion of government and agency bonds last week

The European Central Bank (ECB) purchased €13.75 billion of government and agency bonds under its quantitative-easing program last week.

The ECB will pause its asset-buying programme between December 22 and January 1. The central bank will resume its purchases on January 04.

The 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 €2.14 billion of covered bonds, and €234 million of asset-backed securities.

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