ECB: E61.118 Bln Covered Bond Purchases Settled Jul 11

FRANKFURT (MNI) – The European Central Bank said Monday that a
total of E61.118 billion Eurosystem covered bond purchases had settled
as of July 11.

As of July 8, settled acquisitions had totaled E61.118 billion, the
ECB said Friday.

The program is aimed at revitalizing a market segment that has been
exceptionally hard hit by the financial turmoil.

–Frankfurt Bureau tel.: +49-69-720 142, email: frankfurt@marketnews.com

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