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Published on Thursday, April 7, 2016 | Updated on Friday, April 8, 2016

Monitoring the expansion of the ECB balance sheet (March 2016)

Summary

In March, the asset purchase programme (APP), which includes public and private assets, exceeded the monthly objective of €60 billion, with €61.3 billion being acquired. The ECB announced a new package of measures in March, stressing that there is room to adopt more, if necessary, preferring unconventional measures over further rate cuts.

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Report (PDF)

Nota mensual BCE_0416

Spanish - April 7, 2016

Report (PDF)

Nota mensual BCE_0416_ENG

English - April 7, 2016

Authors

AG
Agustín García BBVA Research - Lead Economist
MM
María Martínez BBVA Research - Principal Economist
CV
Cristina Varela BBVA Research - Principal Economist
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