History of monthly net purchases under the PEPP,,, In euro millions,,, ,,Monthly net purchases,Cumulative net purchases* 2020,March,15444,15444 ,April,103366,118811 ,May,115855,234665 ,June,120321,354986 ,July,85423,440409 ,August,59466,499876 ,September,67308,567183 ,October,61985,629169 ,November,70835,700003 ,December,57163,757166 2021,January,53046,810212 ,February,59914,870126 ,March,73521,943647 ,April,80118,1023766 ,May,80700,1104465 ,June,80168,1184633 ,July,87557,1272190 ,August,65050,1337240 ,September,75051,1412291 ,October,67855,1480146 ,November,68045,1548190 ,December,49375,1597565 2022,January,50113,1647678 ,February,40184,1687862 ,March,30214,1718076 ,April,-4,1718071 ,May,-10,1718061 ,June,12,1718074 ,July,-722,1717352 ,August,-2813,1714539 ,September,-1505,1713035 ,October,-146,1712889 ,November,-136,1712753 ,December,1118,1713871 2023,January,-226,1713645 ,February,-19,1713627 ,March,-108,1713518 ,April,-97,1713421 ,May,-393,1713028 ,June,-66,1712962 ,July,-210,1712752 ,August,-236,1712515 ,September,-81,1712435 ,October,-677,1711758 ,November,814,1712572 ,December,1281,1713852 2024,January,-103,1713749 ,February,62,1713811 ,March,-105,1713707 ,April,36,1713742 ,May,-48,1713695 ,June,16,1713711 ,July,-7501,1706210 ,August,-7482,1698727 ,September,-4513,1694214 ,October,-10518,1683696 ,November,-7487,1676209 ,December,-7540,1668669 2025,January,-12601,1656068 ,February,-20606,1635462 ,March,-24463,1610999 ,April,-17750,1593249 ,,, * Cumulative monthly net purchases figures represent the difference between the acquisition cost of all purchase operations and the redeemed nominal amounts. Note: Figures may not add up due to rounding. Figures are preliminary and may be subject to revision. The monthly purchase volumes are reported on a settlement basis and net of redemptions.,,,