ECB QE numbers week ending 30 September 2016

  • Total QE 1.061tn vs 1.050tn prior

  • Total covered bonds 194.32bn vs 193.9bn prior

  • Total corp bonds 29.7bn vs 27.9bn prior

  • Total ABS 20.7bn vs 20.3bn prior

That's a bit lower than what you'd expect but we can see that happen on occasion towards the end of a month and quarter. What we need to watch is how much more has fallen off the shopping list with the lower European yields of late.