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Latvian bonds worth EUR 58 mln purchased under ECB program in May
BC, Riga, 07.06.2016.
Print version
Print versionLatvian bonds worth EUR 58 million were purchased under the European Central Bank's (ECB) Public Sector Purchase Program in May 2016, informs LETA, according to the information published by the ECB.
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The total amount of Latvian bonds purchased under the program since its launch in March 2015 is EUR 933 million, and their average maturity period is 5.66 years.
The ECB launched the program in March 2015 with an aim to maintain the medium-term inflation close to 2%.
Latvian bonds worth EUR 684 million were purchased during 2015. This year, Latvian bonds worth EUR 41 million were purchased under the program in January, EUR 30 million in February, EUR 44 million in March and EUR 76 million in April.
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