FRANKFURT (MNI) – The European Central Bank said Firday that a
total of E56.547 billion Eurosystem covered bond purchases had settled
as of June 10.
As of June 9, settled acquisitions had totaled E56.347 billion, the
ECB said Thursday. The ECB plans to buy a total of around E60 billion
covered bonds by the end of June 2010 at the latest.
The program is aimed at revitalizing a market segment that has been
exceptionally hard hit by the financial turmoil.
–Frankfurt Bureau tel.: +49-69-720 142, email: frankfurt@marketnews.com
[TOPICS: MT$$$$,M$$EC$,M$$FI$,M$X$$$,MGX$$$]
