Trichet comments after ECB cuts rates to 1.0 pct

FRANKFURT (Reuters) - The following are comments by European Central Bank President Jean-Claude Trichet on Thursday after the bank cut interest rates to an all-time low of 1.0 percent.

BOND PURCHASE PROGRAM WORTH 60 BLN EUROS

"We will display in our communication of our next meeting all the technicalities that goes with this purchase of covered bonds, which is something that is highly technical.

"I would say at this stage we expect to engage in a program which could be around 60 billion euros."

UNANIMOUS

"All those decisions were taken unanimously.

ON PROJECTIONS

"We know already that the new projections, which will be published in June, will be significantly revised down ... with our own previous projections two months ago, but will very likely be in line with the most recent projections that have been published in particular by the Commission and by the IMF."

ON FUTURE RATES