ECB spent €7.767bn in new €50 notes last week in latest QE count

The last weekly QE totals before cutting QE

  • Prior week bought 14.432bn

  • Total QE 1.4577tn vs 1.4498tn prior

  • Total covered bonds 214.4bn vs 215.2bn prior

  • Total ABS 24.2bn vs 24.0bn prior

  • Total corp bonds 75.5bn vs 73.8bn prior

The ECB will now be buying around €60bn (vs €80bn) in QE per month until Dec (or beyond).

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