ECB Allots E197.438 Bln In 6-Day Funds At Fixed Rate Of 1.5%

FRANKFURT (MNI) – The European Central Bank on Tuesday allotted
E197.4381 billion in its main six-day refinancing operation at a fixed
rate of 1.5%.

The ECB satisfied all of the 152 bids received.

Today’s operation resulted in a net drain of E3.7440 billion after
the ECB allotted E201.1821 billion in its 7-day MRO last week.

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

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