FRANKFURT (MNI) – The European Central Bank on Tuesday allotted
E70.2275 billion in its main seven-day refinancing operation at a fixed
rate of 1.0%.

The ECB satisfied all of the 67 bids received.

Today’s operation resulted in a net drain of E349.5 million
after the ECB allotted E70.577 billion in its 7-day MRO last week.

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

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