• European Central Bank purchases €12.15 billion of government and agency bonds last week

Market news

29 February 2016

European Central Bank purchases €12.15 billion of government and agency bonds last week

The European Central Bank (ECB) purchased €12.15 billion of government and agency bonds under its quantitative-easing program last week.

The ECB bought €1.83 billion of covered bonds, and €13 million of asset-backed securities.

The ECB President Mario Draghi hinted at a press conference in January that the central bank may add further stimulus measures at its meeting in March as downside risks rose.

February's consumer price inflation data from the Eurozone (-0.2% year-on-year) added to speculation that the ECB could add further stimulus measures.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.