Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Australia 07 07 - Central bank financing government AUD 150,000,000,000 93,269,999,936
Australia 07A 07A - Direct lending and reserve drawdown AUD
Australia 07B 07B - Secondary purchase: government securities AUD 150,000,000,000 93,269,999,936 RBA. https://www.rba.gov.au/media-releases/2020/mr-20-13.html (accessed on 14 May 2020); RBA. https://www.rba.gov.au/covid-19/ (accessed 3 June 2020); RBA. https://www.rba.gov.au/media-releases/2020/mr-20-17.html (accessed 8 July 2020); RBA. https://www.rba.gov.au/media-releases/2020/mr-20-20.html (accessed 01 September 2020); RBA. https://www.rba.gov.au/media-releases/2020/mr-20-24.html (accessed 07 October 2020); RBA. https://www.rba.gov.au/speeches/2020/sp-gov-2020-11-03.html (accessed 04 November 2020).

(i) April, The RBA has announced yield targeting on 3-year government bonds at 0.25% through purchases of government bonds in the secondary market. On May 5, RBA has purchased AUD50 billion of Australia Government securities (AGS) and semis in the secondary market. May 5, June 2, July 7, September 1, and October 6, the RBA announced that it will maintain the current policy setting. November 3, The RBA announced that it will reduce the 3-year yield target rate from 0.25% to 0.10%; (ii) November 3, The RBA announced that it intends to purchase AUD100 billion of government bonds issued by the Australian Government as well as by the states and territories over the next six months.

Austria 07 07 - Central bank financing government EUR
Austria 07A 07A - Direct lending and reserve drawdown EUR
Austria 07B 07B - Secondary purchase: government securities EUR
Belgium 07 07 - Central bank financing government EUR
Belgium 07A 07A - Direct lending and reserve drawdown EUR
Belgium 07B 07B - Secondary purchase: government securities EUR
Canada 07 07 - Central bank financing government CAD 325,414,000,000 233,229,887,117
Canada 07A 07A - Direct lending and reserve drawdown CAD 115,008,000,000 82,428,238,667

BoC purchases of T-bills were in the primary market as they were auctioned; As of November 25 ,current T-bill holdings have increased by 38.629 CAD billion since the end of February, with the maximum increase since the end of February occurring on July 29 at CAD115.008 billion. [update]

Canada 07B 07B - Secondary purchase: government securities CAD 210,406,000,000 150,801,648,450 Bank of Canada. https://www.bankofcanada.ca/rates/banking-and-financial-statistics/bank-of-canada-assets-and-liabilities-weekly-formerly-b2/ (accessed 10 June 2020).

(i) Government of Canada Bond Purchase Program (GBPP): Purchases will begin with a minimum of CAD5 billion per week across the yield curve. The program will be adjusted as conditions warrant but will continue until the economic recovery is well underway; on October 28, BoC announced purchases would gradually decline to CAD4 billion per week; As of November 25, the increase in government bonds owned by BoC has risen CAD207.715 billion since the purchases in response to COVID-19 began, which is also the peak figure; (ii) June 3, Bank of Canada began purchasing Government of Canada Real Return Bonds; as of November 25, the purchased amount is CAD2.687 billion; the peak value since the end of February was CAD2.691 billion on October 29 (pre-COVID BoC did not hold government real return bonds) [update]

Denmark 07 07 - Central bank financing government DKK
Denmark 07A 07A - Direct lending and reserve drawdown DKK
Denmark 07B 07B - Secondary purchase: government securities DKK
Finland 07 07 - Central bank financing government EUR
Finland 07A 07A - Direct lending and reserve drawdown EUR
Finland 07B 07B - Secondary purchase: government securities EUR
France 07 07 - Central bank financing government EUR
France 07A 07A - Direct lending and reserve drawdown EUR
France 07B 07B - Secondary purchase: government securities EUR
Germany 07 07 - Central bank financing government EUR
Germany 07A 07A - Direct lending and reserve drawdown EUR
Germany 07B 07B - Secondary purchase: government securities EUR
Ireland 07 07 - Central bank financing government EUR
Ireland 07A 07A - Direct lending and reserve drawdown EUR
Ireland 07B 07B - Secondary purchase: government securities EUR
Italy 07 07 - Central bank financing government EUR
Italy 07A 07A - Direct lending and reserve drawdown EUR
Italy 07B 07B - Secondary purchase: government securities EUR
Japan 07 07 - Central bank financing government JPY
Japan 07A 07A - Direct lending and reserve drawdown JPY
Japan 07B 07B - Secondary purchase: government securities JPY IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020); BOJ. https://www.boj.or.jp/en/announcements/release_2020/k200427a.pdf (accessed 1 May 2020).

No amount/estimate: The BOJ will purchase a necessary amount of JGBs without setting an upper limit so that 10-year JGB yields will remain at around 0%.

Luxembourg 07 07 - Central bank financing government EUR
Luxembourg 07A 07A - Direct lending and reserve drawdown EUR
Luxembourg 07B 07B - Secondary purchase: government securities EUR
Netherlands 07 07 - Central bank financing government EUR
Netherlands 07A 07A - Direct lending and reserve drawdown EUR
Netherlands 07B 07B - Secondary purchase: government securities EUR
New Zealand 07 07 - Central bank financing government NZD 10,000,000,000 6,048,143,220
New Zealand 07A 07A - Direct lending and reserve drawdown NZD 10,000,000,000 6,048,143,220 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 July 2020); RBNZ. https://www.rbnz.govt.nz/covid-19 (accessed 08 May 2020).

May, The RBNZ has doubled the overdraft on the crown settlement account to NZD10 billion for April–June to meet the government's short-term cash needs.

New Zealand 07B 07B - Secondary purchase: government securities NZD IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 July 2020); RBNZ. https://www.rbnz.govt.nz/news/2020/05/term-lending-facility-details-outlined-to-promote-business-lending (accessed on 12 May 2020); RBNZ. https://www.rbnz.govt.nz/covid-19 (accessed 08 May 2020); RBNZ. https://www.rbnz.govt.nz/news/2020/05/large-scale-asset-purchases-expanded (accessed 14 May 2020); RBNZ. https://www.rbnz.govt.nz/news/2020/08/further-easing-in-monetary-policy-delivered (accessed 13 August 2020); RBNZ. https://www.rbnz.govt.nz/news/2020/09/prolonged-monetary-support-necessary (accessed 24 September 2020).

April, The RBNZ has been implementing LSAP to purchase government bonds in the secondary market up to NZD30 billion across a range of maturities. On May 13, The Monetary Policy Committee has agreed to significantly expand the LSAP programme to NZD60 billion. On August 12, LSAP programme was expanded to NZD100 billion. On September 23, RBNZ announced that the expanded LSAP program will continue until further notice (See amount in Measure 10 notes: No breakdown).