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- European Central Bank purchased 26.3 billion euros of bonds in 10 days
European Central Bank purchased 26.3 billion euros of bonds in 10 days
The European Central Bank (ECB) said on Monday that it purchased 26.3 billion euros of bonds in 10 days.
The central bank started its bond-buying programme on March 09. The ECB aims to purchase 60 billion euros of bonds per month until September 2016.
The ECB noted that its covered bond purchase programme totalled almost 60 billion euros as of March 20, while its asset-backed securities (ABS) programme totalled 4.008 billion euros.
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