• European Central Bank purchases €13.60 billion of government and agency bonds last week

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14 diciembre 2015

European Central Bank purchases €13.60 billion of government and agency bonds last week

The European Central Bank (ECB) purchased €13.60 billion of government and agency bonds under its quantitative-easing program last week.

The ECB bought €1.90 billion of covered bonds, and €98 million of asset-backed securities.

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 kept its interest rate unchanged at 0.05% on December 04, but lowered its deposit rate to -0.3% from -0.2%. The asset-buying programme will be extended until the end of March 2017. The volume of the monthly purchases remained unchanged.

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