The European Central Bank (ECB) purchased €19.3 billion of government and agency bonds under its quantitative-easing program last week.
The ECB bought €1.18 billion of covered bonds, and €1 million of asset-backed securities.
The ECB cut its interest rate to 0.00% from 0.05% and deposit rate to -0.4% from -0.3% at its March monetary policy meeting. The ECB also expanded its monthly purchases to €80 billion from €60 billion, to take effect in April. Purchases will include non-bank corporate debt.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.