FRANKFURT (MNI) – The European Central Bank Tuesday allotted
E49.39870 billion in 28-day refinancing agreements (refis) at a fixed
rate of 1.00%.

The full-allotment operation, which had no pre-set amount,
attracted 34 bidders. The refis will settle tomorrow and will expire on
August 11.

The operation settles on the same day of the expiration of E31.603
billion from the ECB’s last one-month operation.

–Frankfurt bureau. Tel: +49-69-720-142. Email:

[TOPICS: M$X$$$,M$$EC$,MGX$$$]