European Central Bank purchases €12.15 billion of government and agency bonds last week

The European Central Bank (ECB) purchased €12.15 billion of government and agency bonds under its quantitative-easing program last week.

The ECB bought €1.83 billion of covered bonds, and €13 million of asset-backed securities.

The ECB President Mario Draghi hinted at a press conference in January that the central bank may add further stimulus measures at its meeting in March as downside risks rose.

February’s consumer price inflation data from the Eurozone (-0.2% year-on-year) added to speculation that the ECB could add further stimulus measures.

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