Latest count up of the ECB's QE program 4 May 2015
- Covered bond purchase total now 75.070bn vs 72.612bn last week
- 1st covered bond purchase program now 25.458bn
- 2nd CBP 11.376bn
- ABS total 5.785bn vs 5.757bn prior
The finer details show buying of German public debt of 22.2bn through April, with an average maturity of 7.9 years vs 8.1 years in March
Italy totalled 15.2bn with average maturity of 8.4 years vs 9.1 in March
The falls in yields has driven some under the ECB's negative rate target and off the shopping list, forcing the ECB to buy longer dated paper. Greece has helped bring some of those yields back into play