The extent of ECB bond purchases last week

To quantify the extent of the bond purchases of Ireland, Greece and Portugal last week which definitely lifted them by Friday off the early week Irish bailout induced weakness, the ECB said they bought 1.965b euros worth. It’s the most since the early part of the part of the program and compares with 1.35b in the week of Nov 22, 713mm the week of Nov 15 and 1.07b in the week prior to that.

Print Friendly, PDF & Email

Posted Under