The European Central Bank (ECB) announced on Monday that it bought a net 13.17 billion euros of assets last week as part of its quantitative easing programme, compared to 31.9 billion euros a week earlier, as reported by Reuters.
Additional details
"ECB bought a net 453 mln euros of corporate bonds in week to July 2 vs 174 mln euros week earlier."
"ECB bought a net 43 mln euros of assets in covered bond purchase programme 3 in week to July 2 vs 163 mln euros week earlier."
"ECB sold a net 2.588 bln euros of assets in public sector purchase programme (QE) in week to July 2 vs 7.613 bln euros week earlier."
"ECB bought a net 15.734 bln euros of Pandemic Emergency Purchase Programme (PEPP) bonds in week to July 2 vs 24.313 bln euros week earlier."
"ECB bought a net 76 mln euros of assets in asset-backed securities purchase programme in week to July 2 vs sales of 363 mln euros week earlier."
Market reaction
This report failed to trigger a market reaction and the EUR/USD pair was last seen trading flat on the day at 1.1862.
