Wednesday, 13 June 2018

Questions (71)

John McGuinness

Question:

71. Deputy John McGuinness asked the Minister for Finance the value to date of Government bonds bought by the ECB. [25793/18]

View answer

Written answers (Question to Finance)

I have been advised by colleagues in the Central Bank of Ireland that as at 31 May 2018, the cumulative monthly net purchases of Irish Government bonds by the Eurosystem (ECB and Central Bank of Ireland) as part of the Public Sector Purchase Programme (PSPP) stood at €27,614 million.

This book value is referenced on the ECB website, where there is a table with a breakdown of debt securities under the PSPP under the section on Monetary Policy, subsection Asset purchase programmes. This page is accessible by use of the following link:

http://www.ecb.europa.eu/mopo/implement/omt/html/index.en.html#pspp