
ECB buys Italian bonds well above capital key in March

The European Central Bank sharply increased purchases of Italian sovereign bonds in March, overshooting the amount stipulated by its capital key, according to official data published on April 6.
Under the Public Sector Purchase Programme (PSPP), part of the broader Asset Purchase Programme (APP), the ECB bought more than €11.8 bilion ($12.8 billion) in Italian sovereign debt, up from more than €2.2 billion in February.
Total net asset purchases under the PSPP amounted to €37.3 billion
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com