FRANKFURT (MNI) – The European Central Bank on Wednesday allotted
E35.6675 billion in supplementary long-term 182-day refinancing
agreements.
The ECB said it staisfied all 56 bids for the operation. The
operation settles tomorrow and matures on November 11, 2010.
On May 10, the ECB announced that at its 6-month LTRO on May 12
there would be full allotment and that the operation would be conducted
at a fixed rate “which will be fixed at the average minimum bid rate of
the main refinancing operations (MROs) over the life of this operation.”
–Frankfurt Newsroom +49 69 72 01 42: email: frankfurt@marketnews.com–
[TOPICS: M$X$$$,M$$EC$]