For those asking... E20-30bln / month on........>

ECB: For those asking... E20-30bln / month on purchases would be a

disappointment on ECB vs sell-side expectations, esp if only for 6 months

initially as noted by one official in MNI`s exclusive.

- As we wrote last week: opinions on APP restart vary widely ... low-end of

purchases seen at E30bln/month, ranging up to E70bln. Most see 9-12 months of

purchases, though some see open-ended purchases. 

- Total purchases expected range from zero (i.e. no restart) with the low end

for those expecting APP restart at E250bln, ranging up to unlimited (i.e.

open-ended), with roughly E360bln-400bln the median.