ECB Sets Indicative Amount of 3-Mth LTRO at E15 Bln

FRANKFURT (MNI) – The Governing Council of the European Central
Bank has decided to set the indicative amount of its next three-month
longer term refinancing operation at E15 billion, the central bank
reported on Monday.

However, the actual amount, to be decided on April 28, may deviate
from the indicative amount, the ECB added. The LTRO will settle the
following day, on April 29.

–Frankfurt Newsroom +49 69 72 01 42: email:frankfurt@marketnews.com–

[TOPICS: M$X$$$,M$$EC$]