Home News ECB: Purchases of Covered Bonds rise to 59.872 billion EUR

ECB: Purchases of Covered Bonds rise to 59.872 billion EUR

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FRANKFURT (Dow Jones) – The European Central Bank ( ECB) and the central banks of the euro zone at 27 their purchases of mortgage bonds in June 2010 and continued with other claims secured bank loans.

As the ECB announced on Friday, was the level of purchases of covered bonds ( covered bonds ) 59.872 (formerly 59.549 ) billion EUR.
The ECB and the central banks of the euro area can , within their program, announced in May by 30 covered bonds in June 2010 for a total of EUR 60 billion purchase . In order for the purchase program is almost finished. The ECB is in a position to buy , as part of its securities purchase program (SMP ) will continue private debt securities, which include covered bonds .

Website: www.ecb.int
DJG / have / ISJ