ECB covered bond purchases slow even further
![ECB sign 230x150](https://assets.euromoneydigital.com/dims4/default/17a993e/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fb6%2Fab%2F1edca980f9c3611d84d0c1d068e2%2Fecb-sign-230x150.jpg)
The rate of the European Central Bank's covered bond purchases slowed again in the latest reporting period reflecting a scarcity of secondary market offers and a lack of new supply rather than a deliberate attempt to taper.
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