ECB slows down PEPP purchases

ECB + bridge

The European Central Bank’s purchases through the Pandemic Emergency Purchase Programme recorded the lowest weekly level to date in the week to October 30.

The central bank bought €12.6 billion ($14.7 billion) through Pepp over the period, down from €18.2 billion in the week ending October 23, according to official data. Total purchases under the programme amount to €627.6 billion.

The governing council approved this programme in March in a bid to close the widening spread between sovereign

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