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- ECB QE Monitor - January 2021
ECB QE Monitor - January 2021
Monday 11 January 2021
- In December, the ECB bought €57.2bn under the PEPP and €21.1bn under the APP.
- The ECB's balance sheet is now equivalent to 61% of euro area GDP compared to 39% at the start of the year.
- PEPP:
- Pandemic bond-buying program was raised by €500bn euros to a total of €1,850 billion and extended by nine months to at least the end of March 2022.
- The ECB already used up around €757bn or 41% of its EUR1.85tn PEPP envelope.
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