Asset purchases so far crossed €100B mark - ECB

FXStreet (Mumbai) - Entering the third month of the so-called QE program, the Eurosystem central banks continued buying assets, data showed on Monday.

The central banks settled €13.65 billion of public sector purchases assets in the seven days up to May 8.
That takes the total sovereign and supranational debt bought so far to €108.70 billion.

Meanwhile, covered bonds purchases swelled by €2.9 billion to €77.97 billion, while asset-backed securities (ABS) purchases added €50 million to €5.83 billion.

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