Weekly QE print shows steady pace of asset purchases - ECB

FXStreet (Mumbai) - The Eurosystem central banks continued buying assets last week in more or less the same pace seen previously, data showed on Monday.

The central banks settled roughly €13.70 billion of public sector assets in the seven days up to May 15. That takes the total sovereign and supranational debt bought so far to €122.40 billion. The purchased amount is roughly the same as the previous week's €13.65 billion spent.

Meanwhile, covered bonds purchases swelled by €2.8 billion to €80.76 billion, while asset-backed securities (ABS) purchases added €300 million to €6.13 billion.

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