Examples of using Purchase programme in English and their translations into Croatian
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Corporate Sector Purchase Programme.
In addition, the European Central Bank announced an extensive bond purchase programme.
ECB bond purchase programme: Saving is becoming unattractive while investing is becoming more attractive.
What is the expanded asset purchase programme?
The duration of the securities purchase programme was extended from(at least until) September 2016 to at least March 2017.
On 22 January 2015 the ECB announced an expanded asset purchase programme.
The ECB's asset purchase programmes support economic growth and help us meet our inflation objective.
It seems that without this concession the purchase programme would not have happened.
The situation in Europe is somewhat different:the ECB has decided to extend its bond purchase programme.
A year after the ECB launched its expanded asset purchase programme(APP), its impact is becoming visible.
For example, it is not clear how long the ECB will continue its bond purchase programme.
The implementation of our asset purchase programmes is proceeding smoothly, with volumes in line with the announced figure of €60 billion of securities per month.
The ECB does not acquire securities under the corporate sector purchase programme CSPP.
Notes that of all private sector purchase programmes, the corporate sector programme(CSPP) contributed the most to the APP in 2017, with EUR 82 billion in net purchases; .
The Governing Council ofthe European Central Bank(ECB) today announced an expanded asset purchase programme.
The programme will encompass the asset-backed securities purchase programme(ABSPP) and the covered bond purchase programme(CBPP3), which were both launched late last year.
Regarding non-standard monetary policy measures, on 8 June the Eurosystem will start making purchases under its corporate sector purchase programme CSPP.
In addition and since 2009,several asset purchase programmes have been implemented with the objective of sustaining growth across the euro area and consistent with the aim of achieving inflation rates below, but close to, 2% over the medium term.
The instruments of the central bank- unlimited provision of liquidity for a country in case of emergency and the bond purchase programme- restrict possible spill-over effects to equities and government bonds.
The ECB's regular income derives mainly from investment earnings on its foreign reserves portfolio and own funds portfolio, from interest income on its 8% share of the totaleuro banknotes in circulation, and from net interest income arising from securities purchased for monetary policy purposes under the Securities Markets Programme(SMP) and the two covered bond purchase programmes.
This reduction was partially offset by securities purchased under the third covered bond purchase programme and the ABSPP which commenced in late 2014 and amounted to €31.3 billion at the year-end.
Due to the comparatively weak economic growth in Europe and the low inflation rate, the ECB cut its key-lending rate to zero per cent at the beginning of March 2016 andhas recently extended its controversial bond purchase programme until December 2017.
In 2015 the asset purchases under the third covered bond purchase programme(CBPP3) and the asset-backed securities purchase programme(ABSPP) were expanded to include a public sector asset purchase programme PSPP.
Taken together with other monetary measuresTargeted Longer-Term Refinancing Operations(TLTRO), Covered Bond Purchasing Programme(CBPP), the Public Sector Purchase Programme(PSPP) intends to facilitate credit provision to the euro area economy.
As at 31 December 2019 this item consisted of securities acquired by the ECB within the scope of the threecovered bond purchase programmes(CBPPs), the Securities Markets Programme(SMP), the asset-backed securities purchase programme(ABSPP) and the public sector purchase programme PSPP.
If the outlook becomes less favourable, or if financial conditions become inconsistent with further progress towards a sustained adjustment inthe path of inflation, we stand ready to increase our asset purchase programme in terms of size and/or duration.
An amount that is equal to the sum of the ECB's income on euro banknotes in circulation andincome arising from the securities held for monetary policy purposes purchased under(a)the Securities Markets Programme;(b)the third covered bond purchase programme;(c)the asset-backed securities purchase programme; and(d)the public sector purchase programme is distributed in January of the following year by means of an interim profit distribution, unless otherwise decided by the Governing Council.
Therefore, in the week ending 10 January 2014 the value of accumulated purchases under the Securities Markets Programme amounted to EUR 178.8 billion, while the values ofthe portfolios held under the first and second covered bond purchase programmes totalled EUR 41.6 billion and EUR 15.4 billion respectively.
It also included net interest income of €174 million(2013: €204 million) arising from securities purchased under the three coveredbond purchase programmes and €1 million arising from securities purchased under the asset-backed securities purchase programme ABSPP.
Aimed at fulfilling the ECB's price stability mandate,this programme will see the ECB add the purchase of sovereign bonds to its existing private sector asset purchase programmes in order to address the risks of a too prolonged period of low inflation.