FRANKFURT (MNI) – The European Central Bank on Wednesday allotted
E19.08335 billion in a 91-day refinancing agreements at a fixed rate of
1.0%.
The ECB said it satisfied all 49 bids in the 91-day operation.
Today’s operation will settle on Thursday and mature on November, 25.
The last fixed-rate, full-allotment three-month tender scheduled in
the ECB’s calendar will be held on September 27. Comments by Governing
Council members, however, suggest that at least one further three-month
tender will be offered with the same conditions.
Bundesbank President Axel Weber said last week he was of the “very
strong” view “that we should maintain the current allotment mode, full
allotment for the three-month operation.”
–Frankfurt Newsroom +49 69 72 01 42: email: frankfurt@marketnews.com–
[TOPICS: M$X$$$,M$$EC$]
