ECB: E61.119 Bln Covered Bond Purchases Settled Jul 25

FRANKFURT (MNI) – The European Central Bank said Monday that a
total of E61.119 billion Eurosystem covered bond purchases had settled
as of July 25.

As of July 22, settled acquisitions had totaled E61.117 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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