FRANKFURT (MNI) – The European Central Bank Tuesday allotted
E41.1503 billion in 35-day refinancing agreements (refis) at a fixed
rate of 1.0% in an effort to improve the overall liquidity position of
the euro area banking system.
The operation, which had no pre-set amount, attracted 42 bidders.
The refis will settle tomorrow and will expire on January 18, 2012.
— Frankfurt bureau: +49 69 720 142; email: frankfurt@marketnews.com —
[TOPICS: MT$$$$,M$$EC$,M$$FI$,M$X$$$,MGX$$$]
