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    The European Central Bank (ECB) purchased €13.65 billion of government bonds last week. The central bank said on Monday it had settled a total of €108.709 billion of purchases of government bonds as of May 8, up from €95.056 billion the previous week.



    ECB'S asset buying programme is intended to run to September 2016.



    The ECB also said that it bought €2.9 billion of covered bonds last week, and €42 million of asset-backed securities. Covered bonds programmes totalled €77.976 billion, while asset-backed securities programmes totalled €5.827 billion.

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