FRANKFURT (MNI) – The European Central Bank on Wednesday allotted
E12.163 billion in supplemental 91-day refinancing agreements at a fixed
rate of 1.0%.
The ECB said it satisfied all 35 bids in the 91-day operation.
After returning to a variable tender procedures on 3-month tender,
the ECB earlier this month announced that it will hold another 3-month
tender at fixed rate, full-allotment as part of a larger packages “to
address the severe tensions in certain market segments which are
hampering the monetary policy transmission mechanism.”
Today’s operation will settle on May 27 and mature on August 26.
–Frankfurt Newsroom +49 69 72 01 42: email: frankfurt@marketnews.com–
[TOPICS: M$X$$$,M$$EC$]
