MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

NBH Data Watch

INDON Sov Curve Flatter, Trade Surplus Soars, BI Decision Wednesday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Net Asset Purchases Pick Up As Redemptions Dial Back

ECB

ECB net asset purchases last week accelerated to the fastest since the week ending June 24, up E3.3bln.

  • The main contributor was PEPP's E2.4bln increase, the joint-highest in 4 months; PSPP rose by E0.8bln, equal to the prior week.
  • CSPP net buys (E0.1bln) were also steady, while Covered Bonds (E0.2bln) and ABS (-0.2bln) slipped slightly from the prior week.
  • It's worth noting that redemptions were very light last week: PEPP's amounted to just E0.1bln (effectively the joint-lowest since the programme launched), PSPP's E0.5bln, while ABS saw E0.2bln.


ECB Net Asset Purchases W/EPSPP Cov BdCSPPABSPEPPTOTAL
1-Jul-220.61.00.8-0.2-2.4-0.2
8-Jul-22-5.10.3-0.40.0-1.4-6.6
15-Jul-22-1.30.3-0.4-0.1-1.4-2.9
22-Jul-224.7-0.70.3-0.4-1.22.8
29-Jul-22-0.50.20.3-0.32.42.2
5-Aug-22-2.1-1.7-0.60.0-2.3-6.7
12-Aug-220.80.30.10.00.01.2
19-Aug-220.80.20.1-0.22.43.3
Fixed Income BulletsHomepageEuropean Central Bank (ECB) Market NewsBulletMarketsEmerging Market NewsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.