The European Central Bank appears to have bought Eu1.704bn of covered bonds in the first three days of its third covered bond purchase programme, more than expected, according to data from its website ahead of the expected release of the first CBPP3 figures.

According to the data on daily liquidity conditions, CBPP3 totalled Eu511m last Wednesday, Eu1.112bn on Thursday and Eu1.704bn on Friday, with secondary purchases settling two days after being done.

The document can be found here:

http://www.ecb.europa.eu/stats/monetary/res/html/index.en.html

Update:

The ECB has removed the file (and replaced it with what appears to be one released the previous day), but you can download it from here:

https://news.coveredbondreport.com/wp-content/uploads/2014/liq_daily_2014.xlsx

See further article here:

https://news.coveredbondreport.com/2014/10/ecb-confirms-eu1-704bn-bought-as-aqr-digested/