FRANKFURT (MNI) – The following is the press release issued by the
European Central Bank announcing the additional U.S. dollar
liquidity-providing operations over year-end:
The Governing Council of the European Central Bank (ECB) has
decided, in coordination with the Federal Reserve, the Bank of England,
the Bank of Japan and the Swiss National Bank, to conduct three US
dollar liquidity-providing operations with a maturity of approximately
three months covering the end of the year. These operations will be
conducted in addition to the ongoing weekly seven-day operations
announced on 10 May 2010. The schedule for these additional operations
is as follows:
Tender date:
12 October 2011
13 October 2011
5 January 2012
Settlement date:
9 November 2011
10 November 2011
2 February 2012
Maturity date:
7 December 2011
8 December 2011
1 March 2012
These will all take the form of repurchase operations against
eligible collateral and will be carried out as fixed rate tender
procedures with full allotment. Further information on tender procedures
can be found on the ECBs website.
Information on related announcements by other central banks is
available on the following websites:
Bank of England: http://www.bankofengland.co.uk
Bank of Japan: http://www.boj.or.jp/en
Swiss National Bank: http://www.snb.ch
[TOPICS: MT$$$$,M$$CR$,M$X$$$,M$$EC$,MI$$$$]
