No summer slowdown for CSPP as purchases reach four-week high

By Burhan Khadbai
11 Aug 2020

Despite a lull in primary issuance, the European Central Bank is showing no signs of holding back with its Corporate Sector Purchase Programme last week reaching its highest seven-day volume in a month.

The ECB bought €1.66bn net of bonds under its CSPP in the week ending August 7, according to data published by the central bank. This was its highest weekly purchases of CSPP-eligible bonds since buying €3.217bn in the week ending July 10.

In the week ending August 3, ...

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