Spanish debt purchases

ECB Bundesbank

The ECB Accelerated Spanish Debt Purchases By 6.8% In June

The European Central Bank acquired €5.4 Bn in Spanish bonds during the month of June as part of its PSPP purchase programme, which has been questioned by the German Constitutional Court. The June figure accounts for 21.5% of the total of €25.23 Bn allocated for the month by the ECB for the acquisition of sovereign debt of the euro area countries participating in the programme. So it has exceeded the capital key of 11.9% corresponding to Spain.