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2020/06/04 / Erste Group Research

Short Note ECB | PEPP rises to 1.35 trillion

As had been widely expected, the ECB’s Governing Council decided at its meeting – which ended today – to increase the PEPP program by EUR 600bn to a total of EUR 1.35tn. The minimum duration of purchases under the program was also extended by six months to June 2021. With regard to the PEPP, it was also determined that reinvestments would last at least until the end of 2022. The other points of monetary policy were left unchanged.

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General information

AuthorErste Group Research
Product nameShort Notes Major Markets
Topic in focusMacro/ Fixed income
Economy in focusEurozone
Currency in focusEuro
Sector in focus-


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