ECB QE count week ending 24 March 2016
– Total PSP 643.2bn vs 632.9bn prior
– Total covered bonds 165.7bn vs 163.9 prior
– Total ABS 19.3bn vs 19.2bn prior
Purchases lower is likely to be due to the short week. We may get the same from this week’s data. We have tended to see the ABS total drop at month ends