The eurozone’s central bankers bought €52.5bn-worth of government bonds in the first month of their landmark quantitative easing programme, according to figures published by the European Central Bank on Tuesday.
A breakdown of the purchases shows central bankers bought €11.1bn-worth of German government bonds, and €8.75bn and €7.6bn in French and Italian bonds respectively.
Central bankers bought government bonds from all member states except Greece and Cyprus, which are banned from QE until the member states comply with the terms of their EU bailout programmes, and Estonia.
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