FRANKFURT (MNI) – The European Central Bank called Tuesday for bids
on its 98-day refinancing agreement at full allotment, at a rate to be
fixed to the average rate of the main refinancing operation of the life
of the LTRO, with interest to be paid at maturity.
Bids for the refis are due by 0830 GMT on Wednesday. The central
bank did not give a preset amount for this operation.
The 98-day refis will settle this Thursday and expire on March 29,
2012.
— Frankfurt bureau: +49-69-720-142; email: frankfurt@marketnews.com —
[TOPICS: M$$CR$,M$X$$$,M$XDS$,MN$MM$,M$$EC$]
