• European Central Bank purchases €13.24 billion of government and agency bonds last week

Market news

7 March 2016

European Central Bank purchases €13.24 billion of government and agency bonds last week

The European Central Bank (ECB) purchased €13.24 billion of government and agency bonds under its quantitative-easing program last week.

The ECB bought €1.90 billion of covered bonds, and €258 million of asset-backed securities.

The ECB could add further stimulus measures at its meeting this week. The central bank could cut its deposit rate further or expand its monthly asset purchases.

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