FRANKFURT (MNI) – The European Central Bank called Monday for bids
on its weekly 91-day refinancing agreements at a rate to be fixed at the
average rate of the main refinancing operation over the life of the
LTRO.
Bids for the refis are due by 0730 GMT on Wednesday. The central
bank did not give a preset amount for this operation.
The three-month refis will settle this Thursday and expire on
October 27, 2011.
— Frankfurt bureau: +49-69-720-142; email: frankfurt@marketnews.com —
[TOPICS: M$$CR$,M$X$$$,M$$EC$]
