December 2024

13 December 2024

Market operations

Changes to the publication of monetary policy portfolio data under the pandemic emergency purchase programme (PEPP)

On 5 December 2024 the Governing Council approved changes to the publication of monetary policy portfolio data under the PEPP, because with the discontinuation of reinvestments under the PEPP at the end of 2024 there will be, for the first time since 2014, no bonds purchased by the Eurosystem under either the asset purchase programme (APP) or the PEPP. The changes foreseen will ensure that the level of transparency provided by the data published going forward remains appropriate. In particular, the publication of the primary/secondary market breakdown for the PEPP’s private sector programmes will be discontinued, to align practices with recent changes to the publication regime for the APP’s private sector programmes. In addition, the PEPP data will be published once a month instead of once every two months, to match…