ECB Report on Covered Bond Purchases - November 2009

The European Central Bank's (ECB's) fifth monthly report on purchases made under its €60 billion (USD $ 87.68 billion) covered bond purchase program shows a total of €4.513 billion (USD $6.595 billion) bought from November 2 to 27, 2009. Of that amount, €1.553 billion (about 34.3%) reflected purchases in the primary market.

This official update, released in early December, is a single page of text with a graph showing spreads since the ECB's purchase program began.  There is also a page of definitions.

To download a PDF of "Monthly Report on the Eurosystem's Covered Bond Purchase Programme: September 2009," click on "Nov ECB CB Report" under Attachment, below.