ECB Keeps Buying and Buying, Sending Assets to New Peak: ChartBloomberg News
The European Central Bank is about to break its own record for total assets on the balance sheet after 20 months of buying bonds in a bid to revive the region’s economy. When the purchase program began in October 2014, its aim was to steer total assets back toward the previous peak level of 3.1 trillion euros ($3.46 trillion) reached at the height of Europe’s debt crisis in 2012. The ECB is set to start buying corporate bonds on Wednesday.
— With assistance by Leah Harrison, and Jana Randow