ECB buys Italian bonds well above capital key in March

ECB + bridge

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: