Purchase of ECB assets in Spain increased by 0.6% in July

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Total volume of assets acquired in Spain within the framework of different asset purchase programs implemented since 2009 by European Central Bank (ECB) added 624,626 million euros in July0.64% more than in June and 14.88% higher than the previous yearAccording to data from the Bank of Spain consulted by Europa Press.

Although the European Central Bank (ECB) pointed to the possibility of ending its public asset program (APP) purchases, it finally chose to maintain them for an “extended” period from the initial rate of increase. It was implemented on July 21.

on the set EurosystemIn the seventh month of 2022, the total amount of asset purchases reached 4.95 trillion euros, which means a slight decrease of 0.06% at the monthly rate and an increase of 15.87% at the annual rate.

Total asset purchase volume in Spain represented 12.60% of the total corresponding to the Eurosystem’s consolidated balance sheet, compared to 12.51 percent in June and 12.70% a year ago.

bank debt

On the other hand, the debt of Spanish banks to the European Central Bank (ECB), reflecting the gross attractiveness of institutions to the issuing institution through regular financing transactions, Remains at 289.689 million Euros In July, an amount unchanged since the beginning of 2022.

Debt decreased by 0.30% compared to the same month of the previous year, according to data from the Bank of Spain.

On your own behalf Gross attractiveness of the Eurosystem to the ECB as a whole It fell by just 67 million euros to 2.125 billion euros in July. This figure is 4.10% lower than the previous year.

Thus, the application made by banks based in Spain to the issuing institution represented 13.63% of the Eurosystem’s total in July; this figure was slightly higher than 13.21% in June and also above 13.10% recorded in July 2021.

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