FRANKFURT (MNI) – The European Central Bank on Wednesday allotted
E39.7545 in 91-day refinancing agreements, one day before E38.2 billion
in three-month funds are scheduled to be withdrawn from the system.
The central bank said that the rate in this three-month operation
will be fixed at the average rate of the MROs over the life of the LTRO.
The ECB said it satisfied all 192 bids in the 91-day operation.
The new refis will settle on Thursday, February 24 and will expire
on May 26, 2011.
–Frankfurt Newsroom +49 69 72 01 42: email: frankfurt@marketnews.com–
[TOPICS: M$X$$$,M$$EC$,MGX$$$]
