FRANKFURT, Oct 8 (Reuters) - The overall size of theEuropean Central Bank's dormant government bond purchaseprogramme grew to 209.5 billion euros from 209 billion eurosafter the quarterly amortisation, the ECB said on Monday.
The ECB terminated its Securities Markets Programme (SMP)last month to replace it with a new plan it hopes will be moreeffective in lowering struggling euro zone countries' borrowingcosts.
As there were neither purchases nor maturing bonds heldunder the programme, the change in total value was completelydue to revaluation, the ECB said on Reuters information page
As usual, the ECB will take an amount equivalent to theoverall size of the SMP as weekly deposits from banks on Tuesdayto counterbalance the buys and neutralise any threat of themfuelling inflation.
For graph on bond buying and government bond yields.
For Reuters data click
(Reporting by Frankfurt newsroom; editing by Ron Askew)
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Keywords: ECB BONDS/