European Central Bank purchases €12.72 billion of government and agency bonds last week

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15 febrero 2016

European Central Bank purchases €12.72 billion of government and agency bonds last week

The European Central Bank (ECB) purchased €12.72 billion of government and agency bonds under its quantitative-easing program last week.

The ECB bought €2.23 billion of covered bonds, and €134 million of asset-backed securities.

The European Central Bank (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.

European Central Bank Executive Board member Benoît Cœuré: the interest rate in the Eurozone will remain low until 2% target will be reached

European Central Bank President Mario Draghi: the central bank has no plans to buy bad loans from Italian banks

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