ECB Allots E252.100 Bln In 7-Day Funds At Fixed Rate Of 1.25%

FRANKFURT (MNI) – The European Central Bank on Tuesday allotted
E252.1003 billion in its main seven-day refinancing operation at a fixed
rate of 1.25%.

The ECB satisfied all of the 197 bids received.

Today’s operation resulted in a net drain of E13.3559 billion after
the ECB allotted E265.4562 billion in its 7-day MRO last week.

–Frankfurt bureau. Tel: +49-69-720-142. Email: frankfurt@marketnews.com

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