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Net Purchases Slow Sharply

ECB

ECB net asset purchases last week came in at the slowest weekly pace since the PEPP programme launched, with just EUR17.5bln in net PEPP purchases (joint-lowest since March) and EUR15bln in total. All asset categories were net drags - apart from PEPP.

(week ending)PSPP Cov BdCSPPABSPEPPTOTAL
29-May-201.40.7-0.60.122.824.4
5-Jun-209.91.22.30.025.538.9
12-Jun-206.20.32.50.027.136.1
19-Jun-202.9-0.61.9-0.128.232.4
26-Jun-208.10.70.9-0.330.039.5
3-Jul-204.40.90.30.120.225.9
10-Jul-203.30.93.30.117.525.1
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

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