FRANKFURT (MNI) – The European Central Bank said Friday it has
decided to conduct two one-day liquidity providing fine-tuning
operations, the first one to be allotted on December 20 and the second
on February 28 of 2012.
Each of the operations will settle the day after allotment and will
mature the day after settlement. The operations will be launched at 0830
GMT/0330 EDT on allotment day, and the deadline for bid submissions is
0905 GMT/0405 EDT.
The ECB also noted that two regular weekly MROs will mature on
December 21 and February 29.
It said that the first of two 3-year refinancing operations it
announced last week would settle on December 22 and the second on March
1.
–Frankfurt Newsroom, +49-69-720-142; frankurt@marketnews.com
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