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Net PEPP Buys Slow Again

ECB

ECB net asset purchases picked up the pace slightly last week from the previous week's lull, coming in at E21.5B, vs E15.0B prior. But PEPP purchases slowed for the 4th consecutive week, and at just E13.8B it was the lowest net total since the program began four months ago. This was offset by the highest PSPP, Covered Bond, and CSPP net purchases in a month.

w/ePSPP Cov BdCSPPABSPEPPTOTAL
27-Mar-2020.01.71.30.723.6
24-Apr-209.10.00.8-0.426.035.5
22-May-209.51.01.2-0.430.141.4
19-Jun-202.9-0.61.9-0.128.232.4
17-Jul-20-2.20.30.6-0.320.619.0
24-Jul-209.4-0.6-0.1-0.318.827.2
31-Jul-20-1.7-0.60.0-0.117.515.0
7-Aug-205.30.71.70.013.821.5

Table shows past four weeks, and one week snapshot per prior month.

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