News, analysis, data

CBPP3 runs to stand still as record low set in June

Posted on 5 July 2018


Net CBPP3 settlements fell to their lowest of any month in the history of the programme in June, at EUR683m, on the back of record redemptions and in spite of a month-on-month rise in gross purchases. Analysts said the ECB’s approach offered clues to how it will conduct future reinvestments...

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