ECB: Bought net €15.35 billion of assets last week vs. €28.46 billion previously

Eren Sengezer FXStreet

The European Central Bank (ECB) announced on Monday that it bought a net 15.351 billion euros of assets last week as part of its quantitative easing programme, compared to 28.461 billion euros a week earlier, as reported by Reuters.

Additional details

"ECB sold a net 68 million euros of corporate bonds in the week to May 28 vs 1.506 billion euros a week earlier."

"ECB sold a net 3.395 billion euros of assets in Public Sector Purchase Programme (QE) in the week to May 28 vs 5.892 billion euros a week earlier."

"ECB bought a net 20.035 billion euros of Pandemic Emergency Purchase Programme (PEPP) bonds in the week to May 28 vs 21.671 billion euros a week earlier."

"ECB bought a net 61 million euros of assets in Asset-backed Securities Purchase Programme in the week to May 28 vs sales of 276 million euros a week earlier."

"ECB sold a net 1.282 billion euros of assets in Covered Bond Purchase Programme 3 in the week to May 28 vs sales of 332 million euros a week earlier."

Market reaction

The EUR/USD pair showed no immediate reaction to these figures and was last seen gaining 0.1% on a daily basis at 1.2202.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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